What is a title?
When a property is financed, bought, or sold that record of transaction is filed in the County Register of Deeds.
Other triggers that may affect ownership:
- Taxes & Levies
- Unpaid Debts
- Land Encroachments
These records are searched from the patent (first original property ownership) to uncover issues that may pose a risk, from the past, to the current ownership of the property. Some problems may not be found and that is where the Title Insurance comes in to play.