Whether you have found the dream home for your family or the perfect beachfront condo for your investment portfolio, it is rare for any real estate transaction to go off without any issues. A key component of the successful completion of a property purchase is running a title search and ensuring that there are no title defects. These can derail a deal or cost the purchaser time and money even after the real estate purchase has been finalized. Finding out that your property has serious title defects could put a damper on your property’s value and investment potential. An experienced Broward County, FL title services lawyer can run a title search to ensure there are no issues with the title of the property you hope to buy.

How Does a Title Search Protect Your Real Estate Investment?

Title searches uncover hidden ownership interests in property that could harm your rights. A title search reveals if someone other than the seller is the rightful owner of the property, ensuring that the seller has the legal right to convey the property to you. A title search will also uncover any liens on the property that could dilute your ownership rights. Finally, if there are any encumbrances in the property, a title search will reveal those. That includes things like easements, which give a third party a right to use a portion of your property in a specific way, such as the right to use a path on your property to access an adjacent beach.

What Should You Do to Protect Yourself from Potential Title Issues?

The best way to protect yourself from title issues is to hire an attorney who has experience running title searches. They will run a thorough title search to ensure your property is free and clear of title defects. If any title issues do come up, your attorney can advise you on how you might best address them. You should also obtain title insurance, which will cover you legally and financially in the event that any title issues are discovered after closing.

Call a Broward County, FL Real Estate Attorney

The Elliot Legal Group, P.A. represents clients on a wide variety of real estate matters, from the purchase and sale of real estate, to financing deals, and landlord representation. We can also assist you by performing a title search on your dream property and helping you obtain title insurance. For any real estate matter, you can count on our experienced Oakland Park, FL real estate attorney. Call us at 754-332-2101 to schedule an initial consultation.