Codington County 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:

• Liens
• Taxes & Levies
• Easements
• Judgements
• Unpaid Debts
• Assessments
• 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.

Title Insurance protects the owners and lenders from any number of issues that might be uncovered during ownership of that particular property.

Lenders Title Insurance: Lenders will require Title Insurance Policies to protect their interest until the loan is either paid off or refinanced with another lender.

Home Buyers: Owners Title Insurance is optional, so keep in mind that the purchase of a home is one of the largest investments you will make. So purchasing an Owners Title Insurance is a policy that is paid for once and stays with you as long as you own that particular property, and is insurance that protects your ownership rights to that property.