What is title search?
A title search is an important step in property law for any real estate purchase in Kansas. This involves a detailed investigation into the legal ownership of a property. A title search helps identify any legal problems that could affect the potential buyer’s ability to own and sell the property in the future. By researching the title, a title search can uncover potential issues like: unpaid taxes, faulty or fraudulent paperwork, boundary disputes, mortgages, easements, liens, and past property owners. If these issues are uncovered in the title search it’s important to have them resolved prior to the purchase. A title search is usually conducted by a real estate attorney or a title company. The title company will use public records to check the legal ownership of the property and any associated loans. The title search can find and resolve issues that could create a problem with the purchase. Knowing all the facts ahead of time can be beneficial to a potential buyer. It can help them make an informed decision about buying the property or negotiate the purchase price to cover any costs associated with resolving the title issues. Title searches are a key step in any real estate transaction in Kansas and help ensure that the buyer is well informed and has a clear title to the property.
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