What is Conducting a Free Property Title Search: A Step-by-Step Guide?

What is a Property Title Search?

A property title search is a crucial step in the home buying or selling process. It helps you understand the ownership history of the property, identify any liens or encumbrances, and ensure that the title is clear and marketable.

Why is a Property Title Search Important?

A property title search is important because it helps you:

• Identify any liens or encumbrances on the property
• Verify the ownership history of the property
• Ensure that the title is clear and marketable
• Identify any potential issues with the property's ownership or title

How to Conduct a Free Property Title Search?

1. Check with the local government: Start by checking with the local government, such as the county recorder's office or the city clerk's office, to see if they have any records of the property.
2. Search online: Search online for public records, such as property records, deed records, and lien records.
3. Use a property title search service: Use a property title search service, such as a title company or a real estate attorney, to conduct a search for you.
4. Check with the previous owner: Check with the previous owner of the property to see if they have any records or information about the property.
5. Check with the local library: Check with the local library to see if they have any records or information about the property.

What to Look for During a Property Title Search?

• Liens and encumbrances: Look for any liens or encumbrances on the property, such as tax liens, mechanic's liens, or judgment liens.
• Ownership history: Look for the ownership history of the property, including the names of previous owners and any transfers of ownership.
• Deed records: Look for deed records, including the type of deed (e.g. warranty deed, quitclaim deed) and any restrictions or covenants.
• Assessment records: Look for assessment records, including the property's value and any assessments or taxes owed.

Conclusion:

A property title search is an important step in the home buying or selling process. By following these steps and looking for the above mentioned items, you can ensure that the title is clear and marketable, and that you're making an informed decision about the property.