Property Title Search Georgia: How & Why to Conduct One in a Real Estate Transaction
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What You Need to Know About Conducting a Title Search in Georgia
Conducting Georgia title searches is critical in many real estate matters. Learn more in this comprehensive guide.
Title searches can be incredibly useful tools during real estate transactions. Let’s have a look at the things you need to have in mind when conducting a title search Georgia.
Understanding the Georgia Title Search Process
It’s practically everyone’s dream to own property someday, but it can be shattered by not undertaking the necessary steps to do a title search.
The process of a title search can be draining, but you still need to do it before signing any contracts when buying a piece of land. With the help of a qualified attorney, a title search will help you evade unnecessary property disputes.
This page will provide details on the cost, the time it takes, and how to do property title searches in Georgia.
Why Perform A Property Title Search?
When buying a property, you must ensure the title is clean and free from encumbrances. A title search will help you identify any potential issues that may arise in the future, such as:
- Liens: These are claims against a property by creditors for unpaid debts.
- Easements: These are rights that others have to use a property for specific purposes, such as utility or road access.
- Pending lawsuits: A title search will help identify any pending lawsuits against the property that could affect your ownership rights.
- Errors in the title: A title search will reveal any errors in the legal description of the property or any mistakes made during previous ownership transfers.
How to Do a Title Search in Georgia
A title search is a legal attempt to identify legal interests in the subject property in a real estate matter. This process generally involves researching various indices for a certain period, known as the due diligence period in GA.
You must conduct a title search to determine the actual legal owners of the piece of land or property. Another reason is to identify liens and matters that will continue to affect the piece of property after closing. These matters can include a history of the site, such as boundary line agreements, easements, and rights of way, among other things.
So, how do you conduct a title search?
What Is the Estimated Closing Cost of a Title Search in Georgia for Sellers?
Average Time for a Real Estate Title in Georgia
What Shows Up on a Property Title Search in the State of Georgia?
As mentioned above, a title search can uncover much-buried additional information. So, it is essential to ensure the property shows clear and accessible ownership. If not, you could be in for an unpleasant surprise.
In most cases, what will generally show up on a property title search include:
- Outstanding property taxes
- Liens against the property
- Easements of any kind
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