Our job is to search and examine the legal status of the title to your property. Before we issue any policy, we first prepare a report or a commitment. This commitment states who the owner is, and lists any outstanding liens, encumbrances and other defects which might affect the title of the property. This information is very important to you and will be used as a guideline to insure that clear title is conveyed. Once the transaction is completed, we issue a title insurance policy. This policy insures that the owner owns the property as of the date of closing. Separate policies are written to protect both the interests of the property owner and the lender.
Many things can go wrong during the title process which can affect title to the property and the completion of your Sale or Purchase. That is why you need a title company like Beaches Title that has the experience, knowledge and financial backing.