Real Property Searches
Real Property Searches provide critical information about documents that affect the property. Types of Real Property Searches we offer include: Abstracts, Owners and Encumbrance Reports, and Document Copies.
Types of Real Property Searches
Abstracts – A property abstract is a collection of legal documents that chronicles activities associated with a particular parcel of land. Generally included are references to deeds, mortgages, wills, probate records, court litigations and tax sales – basically, any essential legal documents that affect the property.
Owners and Encumbrance Reports – These are simplified, non-insurance reports designed for informational purposes to aid in closings of equity and home improvement loans. This search is also widely used by investors and homeowners to check open liens and judgments against a property.
Document Copies –Titles of Dakota is able to provide you with copies of all documents affecting title to your property.
FAQs
An abstract is a history of the title to a particular tract of land. It is not a title! It consists of a summary of recorded instruments affecting the title of the real estate in the county where the property is located. The abstract may be correct but the title to the property can still be flawed. The abstract is not a guarantee. It is only a summary of what has been recorded. It does not judge the correctness of any item it lists. It merely reports what is on the record.
No. A deed does not cancel certain prior “rights” or “claims” other people may have a right to your property. These claims might go back in time months or decades.