When you purchase property, you want to make sure your real estate title is proper and without defects. Advanced Abstract can help you with title searched and title insurance in Allentown PA, Bethlehem PA, Easton PA, Reading PA or Stroudsburg PA. That way you can have peace of mind that your real estate title is without defects. In the unlikely event some unknown claim against your real estate title, you will have insurance to fall back on.
A real estate title is a set of rights in parcel of land and can be in the form of legal rights or equitable rights or both. If a piece of land is left to someone in last will and testament there are rights involved. In such a case the heir will have legal rights and a possible claim to the land. A title could also be in the form of a document such as a deed which serves as evidence of ownerships. It is possible that different people could have a claim against a piece of land. Real estate title is a right to a piece of land in some form or another.
Real estate titles can be subject to various legal forces such as a mortgage, a lien, a deed, a notice of default, an inheritance, court judgements and more. All past transactions involving a piece of land are referred to as abstracts. When performing a title search the title company will study all available abstracts to ensure there are no problems with the title.
When you buy real estate, whether commercial or residential, you want to be sure there are no legal challenges to your title. A company such as Advanced Abstracts will provide you with important information such as contained in a title report and release records.