Deed Search: Do I Need One?

Posted by admin on September 13, 2012

Deeds are used to transfer ownership of property from one party to another. A deed search is a review of all deeds on a piece of land conducted by the local county recorder’s office. This review is done to determine history and ownership of a specific piece of land, and upon completion you will receive either an abstract of title or a chain of title. An abstract of title provides you with an actual copy of each document tied to the land while a chain of title provides you with a list of each recorded document. So when do you need to do a deed search?

You should have a deed search done when:

-          You purchase property at a tax sale

-          You purchase property without title insurance

-          If you plan on dividing or developing the land

Searches will be conducted either by title companies or independent title searchers. Title companies are the safe route to go as they are required to hold a license issued by the state, and are also trained by the title underwriter.

Having a deed search done when looking to buy land is helpful in determining the current condition of the land title, the value and the history of ownership. If you meet one of the situations above, we would recommend completing a deed search. Call All Acres today at (855) 227-3741 or contact us online for more information regarding deeds or if you are looking to buy land.