When you buy property, there is always a risk. You need to be sure your real estate title is good and clear from liens and encumberments. Advanced Abstract offers important services that relate to real estate and the reduction or elimination of risk. They can help protect your real estate title in Allentown PA, Bethelehem PA, Easton PA, Reading PA or Stroudsburg PA.
A real estate title involves rights in a piece of land or property. A real estate title must be transferred to a new owner when a property is sold. The new owner or owners need to be sure the title is good and proper. The new owner must also understand the type of title that is applicable.
A title in real estate is transferred by way of a deed. The deed must be in writing and contain the detail of the seller and the buyer. A deed can also state the type of title that is being acquired.
Real estate ownership can take several forms. This an important aspect and tenancy must be specified on the title deed. For example, you can have joint tenancy, tenants in common and tenants by entirety. For example, tenants by entirety is often the way a married couple will take ownership.
When you buy real estate, you should get professional help when it comes to ownership and title. A professional title company can help you with range of real estate title services such as
- Title search
- Title insurance
- Type of title
- Title deed
- Title commitment
- Closing procedures and documents
- Problem solving
For example, title insurance can protect you against hidden dangers such as forged documents, undisclosed heirs, mistakes in recording, missing signatures and so on.
Advanced Abstract offers a comprehensive range of real estate title services in Allentown PA, Bethelehem PA, Easton PA, Reading PA and Stroudsburg PA.