See Examination of Title.
A fee charged by a title company or attorney in some states to cover the cost of searching the public record to make sure the buyer is purchasing a house from the legal owner and there are no liens, overdue assessments, or other claims filed that would adversely affect the transfer of the title. For our comparison purposes, a title examination fee is considered to be a third party fee and may be included in the title insurance fee by some lenders.
An examination of property information in public records to determine that a seller is the legal owner and to find any other claims or encumbrances on the property title.
An examination of land records to determine the ownership of property, as well as the existence of any encumbrances.
An examination of legal documents located in public records which affect property to determine who the legal owner is and whether anyone other than the seller has a claim or interest in the real property.
An examination of the public record to determine that the seller is the legal owner and there are no encumbrances (such as claims or liens) affecting the property.
The process of searching the public record to make sure the buyer is purchasing a house from the legal owner and there are no liens, overdue assessments, or other claims filed that would adversely affect the transfer of the title. This examination is typically done as the first step in obtaining title insurance.
Prior to each closing, Marks & Williams arranges for a title examination of the property. Our title examiner reviews the records at the courthouse to verify that the seller owns the property and to determine if there are any liens against the property. We use this information to determine what action we need to take at closing (for instance, what loans need to be paid off), and to write title insurance policies for the buyer and the lender.
A review of the public records at the courthouse to verify that the seller owns the property and to determine if there are any claims that may affect one's ownership of the property.
A search of public records to determine the status of a title (i.e., the identity of the current owner and the existence and nature of any liens or claims outstanding against the property).
examination of municipal records by an attorney or title insurance company to determine ownership of the real estate
An examination of public records, laws, and court actions to make sure that a property's seller is the legal owner and to disclose all other claims or encumbrances on the property affecting its ownership.
The check of the public record, by the title company, to determine the legal ownership and that there are no claims or liens affecting the property.