What is a title search?

A title search is a process of examining and evaluating the historical ownership records and legal documents associated with a piece of real estate property. The purpose of a title search is to verify that the seller has the legal right to transfer ownership of the property and that there are no liens, claims, or other encumbrances on the property that could affect the buyer's ownership or use of the property.

The title search process typically involves researching public records, such as deeds, mortgages, tax records, court filings, and other legal documents related to the property. The title search may also involve reviewing surveys, maps, and other physical documents related to the property.

During the title search, a title examiner or attorney will review the documents and records related to the property to identify any potential issues or defects in the chain of ownership. This may include liens, encumbrances, judgments, easements, or other claims that could affect the title to the property.

Once the title search is complete, the title examiner will prepare a report detailing their findings. Often these are Mineral Ownership Reports. If any issues are identified, the report may recommend steps that need to be taken to clear the title before the property can be sold or transferred.

Overall, a title search is an important part of any real estate transaction, as it helps to ensure that the buyer has clear ownership rights to the property and that there are no undisclosed or unexpected issues that could affect the value or use of the property.

  • Most title searches can be done with our standard day rate. The amount of time it takes depends on what your goal is, how many documents there are, and how complicated the chain of title is. Contact us for more information on pricing.

  • That depends on how many records need to be examined. It is very difficult to estimate that before getting the project underway.

  • Absolutely! Ownership Reports are the logical next step once a title search has been completed. Please contact us for more information on how to get started.

Why would a landowner need a title search?

A landowner may need a title search on their property for several reasons, including:

  1. Ensuring clear title: A title search can reveal any defects in the chain of ownership, such as liens, judgments, or other claims that could prevent the owner from having clear title to the property. A clear title is necessary for selling the property or obtaining financing.

  2. Identifying ownership disputes: A title search can identify any disputes over ownership or boundaries that could lead to legal challenges or conflicts with neighbors or other parties.

  3. Discovering easements: A title search can reveal any easements or other encumbrances on the property that could affect the owner's ability to use the land as they see fit. Easements could give others the right to use the land for certain purposes, such as for access to utilities or transportation.

  4. Verifying mineral rights: A title search can verify the ownership of mineral rights associated with the property. This is important for landowners who want to lease or sell mineral rights to oil and gas companies.

  5. Assessing property value: A title search can help assess the value of the property by revealing any liens or other encumbrances that could affect its marketability or resale value.

In summary, a title search is important for ensuring clear title, identifying ownership disputes, discovering easements, verifying mineral rights, and assessing property value. It is an essential step in any real estate transaction and can help protect the interests of the landowner.