Understanding the Title Search Process

I hope this post finds you well. Whenever you are prepared to sell your property in New York, it’s essential to understand the comprehensive scope of the title search process. This step is crucial for verifying your property’s legal status and rectifying any issues that might impede the sale.

A title search is an examination of public records related to your property’s ownership history. Typically conducted by the buyer’s title company or a legal professional when you are in contract, this search ensures that your property is free of legal encumbrances that could affect its sale to all buyers (Cash or mortgage ready buyers).

Key aspects of the title search include:

1. Ownership Verification: Confirms ownership and reviews the chain of title for any gaps or undisclosed transfers.
2. Lien and Encumbrance Discovery: Identifies any outstanding mortgages, liens, or judgments against your property.
3. Easements and Restrictions: Detects any easements, rights-of-way, or restrictive covenants affecting property use.
4. Legal Descriptions and Boundary Issues: Verifies accuracy in your property’s legal description and boundary lines to prevent disputes.
5. Tax Records: Identifies unpaid property taxes or assessments requiring resolution before closing.
6. Building Department Search: Includes a search for any open permits or building code violations.

As part of my service, I conduct these checks before placing a house on the market for properties in Nassau or Queens County. This proactive approach helps eliminate potential surprises while we are in contract with a buyer, which could cause significant delays

If you have any questions or require further assistance, please feel free to reach out to me.