Why You Should Get A Title Search Before Purchasing A Property
If you are considering buying a property, it is crucial that you order a title search to be performed before you proceed. The process will identify any potential liens or discrepancies of ownership. The top real estate attorneys recommend that you have a title search completed for the transfer of all residential and commercial buildings.
Nishad Khan P.L. is one of the leading Orlando FL real estate attorneys. His company is a full service law firm that specializes in all matters pertaining to real estate law in Florida. He strongly advises that all of his clients obtain a title search to verify that the title is clear.
A title search is in the best interest of the buyer. It reveals the existence of any defects in the chain of title. Unbeknownst to any real estate investor, there can be any number of reasons why the title of a property can be defective. It could be the result of a misrepresentation, forgery or erroneous information. If a lien has been placed on the property, it legally survives arms length transactions, foreclosures and short sales.
Nishad Khan offers an exceptional level of legal counsel and advisory. He is a prominent lawyer in the Orlando community. His firm has successfully facilitated even the most complex real estate transactions. Mr. Khan is committed to delivering his extraordinary level of integrity and service to his clients. He has many years of experience in the legal field.
Prior to closing any residential or commercial transaction, Orlando FL real estate attorneys should require that a title search be completed. If the buyer is financing the property, the bank or lender will require a title search. It is an important requirement that protects the buyer from potential fraud or any unexpected financial obligations that would automatically pass to the buyer.