CA&T provide thorough title examinations so that you can make well-informed decisions before purchasing a property.
Purchasing property, whether residential or commercial, is a serious investment. We want to help you ensure that your investment is protected from any future claims. While we can ensure that all due diligence has been taken when preparing and signing documents, we cannot foresee any complications that may arise due to any past claims on the property. Therefore, title examinations are necessary.
A Title examination involves a thorough investigation of all public records on the property you are considering. Our competent title examination Parkland team will investigate all past deeds and wills to trace the succession of the property’s ownership. Apart from ownership, we also investigate loans, mortgages, and any legal issues that may have occurred in the past.
The purpose of the examination is to determine who owns the property, and whether any outstanding mortgages, liens, unpaid taxes, or judgements against the seller affect the title to the property. Additionally, an examination also determines if any actions are required to ensure a good, marketable record title.
Despite all precautions, there may be some title defects that go unnoticed if they have never been recorded and are therefore, impossible to trace. To protect you from this, we also assist in title insurance to provide additional coverage against any hidden information.
Who can benefit from our services?
- Sellers: The seller usually carries out the title examination to ensure that no unforeseen issues arise during the sale.
- Buyers: A title examination ensures that there will be no unpleasant surprises later.
- Loaner: The lender may require a thorough title examination to protect their interest.
A title examination is often carried out before title insurance is issued. This is so that any existing claims can be addressed before an investment is made.
At CA&T, we provide our comprehensive resources, an experienced title examination Parkland staff, and an in-house legal counsel to ensure a comprehensive investigation for you. Contact us to learn more.