10 Common Title Problems

• Errors in public records. To err is human, but when it affects your homeownership rights, those mistakes can be devastating.
• Unknown liens.
• Illegal deeds.
• Missing heirs.
• Forgeries.
• Undiscovered encumbrances.
• Unknown easements.
• Boundary/survey disputes.

What is one of the most common problems faced in a title search?

Some of the most common title issues are: Undiscovered liens. Not everybody keeps detailed records and there are plenty who don’t pay their bills on time – or at all.

Is there title insurance after a title search?

After the official title search finishes, title insurance issued to the buyer protects their investment in the property in the event that an issue with the title occurs after closing. “Even the most skilled title professionals may not find all problems associated with a property,” explains First American Financial Corporation.

What makes a title search a ” dirty ” title?

A title search is an examination of public records to determine and confirm a property’s legal ownership, and to find out whether there are any claims are on the property. Erroneous surveys and unresolved building code violations are two examples of blemishes that can make the title “dirty.”

When does the title search happen in a real estate transaction?

When title searches take place in a real estate transaction and who performs them The most common title problems that cause home sale delays The process for resolving title issues that come to light When does the title search happen in a real estate transaction?

Are there any issues with the title company?

In some cases, the title could be clouded. Issues involving former owners, back taxes and even fraudulent claims may arise during this process, but with title insurance and a thorough title search and examination, you can be sure you are protected.