This search will enable the prospective investor to verify the current owner and description of the property is legitimate. Any current lien or foreclosure status recorded against the property will be produced after our abstractors perform their title search. The Current (1) Owner Title Search is a report that pertains only to the time frame that the current owner(s) of the property have held title.
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If a longer history of the property is required as assurance, then the Limited (2) Owner Title Search is the alternative choice. This search will not only provide the recorded documentation of the time during the current ownership of the property but also the recorded documentation during the time of the prior ownership (2 ownerships total). The legal owners, legal description and if any recorded documents during that time will be reported.
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If you would like to know that the property is clear of any encumbrances and has successfully transitioned from one ownership to another then the Full Chain of Title Search would be the best choice. This search will examine all of the same historical information as the Current Owner Title Search and the Limited Owner Title Searches but will also include information up to a 50 year history or to the developer whichever comes first.
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