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Ft. Lauderdale Real Estate Title Services Lawyer
Attorney for Title Examinations and Insurance in Real Estate Transactions in Broward County
Real estate transactions can be very complicated, and buyers and sellers will want to address any issues that could affect the purchase or sale of residential or commercial property. During these transactions, it is important to identify and resolve any title defects, and by working with an attorney who is experienced in title examinations, you can ensure that these matters will be handled properly.
At The Elliot Legal Group, P.A., we assist with a wide variety of real estate transactions, and we can provide the legal help you need, from the initial offer to the closing date and beyond. With nearly 20 years of experience in real estate law and other legal areas, Attorney Gavin Elliot can help you understand your rights, work with you to meet your requirements, and ensure that you can complete your transaction successfully.
Title Examinations and Title Insurance
Before a real estate transaction can be completed, any issues that may affect the sale or prevent the transfer of the property from the seller to the buyer must be addressed. We can work with you to perform a title search and identify issues such as:
- Ownership claims - An examination of the chain of title for a property can identify any potential claims that another party may have on the property. For example, illegal deeds by prior owners or inheritance claims to property passed to a person's heirs after their death may affect ownership rights for the property.
- Encumbrances - In some cases, third parties may have financial interests in a property, and this may affect the value of the property or place restrictions on how a buyer will be able to use the property. These may include liens against the property, such as mechanic's liens, tax liens, or judgments. If encumbrances are not addressed before the completion of the transaction, they will become the responsibility of the buyer.
- Easements and restrictions - Other parties, such as neighbors or public officials, may have the right to use property, or a deed may include restrictions on how an owner can use the property. A title examination can ensure that a buyer fully understands how these issues will apply to them.
- Boundary issues - If there have been any disagreements about the boundaries between a property and its neighboring properties, multiple boundary surveys may have been performed. By reviewing these surveys, buyers and sellers can resolve any ownership claims to a portion of the property that may result from boundary disputes.
In addition to uncovering any roadblocks that could affect your real estate transaction, we can also help you obtain title insurance. In addition to a mortgage title insurance policy, which is typically required by a mortgage lender, you can purchase an owner's title insurance policy. This type of insurance protects against claims that could affect the buyer's ownership rights. An owner's policy is typically purchased at the time of closing, and it will remain in effect as long as the buyer owns the property.
Contact Our Oakland Park Title Search Attorney
By identifying and addressing any title issues that may affect the sale or purchase of a property, you can complete your real estate transaction smoothly and avoid legal disputes or unexpected costs. The Elliot Legal Group, P.A. can perform a comprehensive title search and help you determine how to respond to any claims or encumbrances on the property. We will also help you obtain the title insurance that will provide you with the financial protection you need. Contact us today at 754-332-2101. We assist with real estate transactions in Broward County and the surrounding areas, including Fort Lauderdale, Sunrise, Pompano Beach, Oakland Park, Dania Beach, Wilton Manors, Miami, Miami Beach, Surfside, and Plantation.