When purchasing real estate, whether for personal use or as an investment, ensuring that the property has a clear title is crucial. Title examinations are an essential part of the process, as they help to uncover any potential legal issues that could lead to property disputes down the road. At the Law Offices of S. Mark Burr, P.C. in Alpharetta, GA, we specialize in conducting thorough title examinations that protect property buyers from costly disputes and ownership challenges.
According to the American Land Title Association (ALTA), about one in three real estate transactions encounters a title problem that needs to be resolved before closing. Common issues include errors in public records, unpaid liens, missing heirs, and boundary disputes. This underscores the importance of thorough title examinations before purchasing property.
What Is a Title Examination?
A title examination is a detailed review of public records, legal documents, and property history to ensure that the property in question has a clear and marketable title. This process uncovers any existing claims, liens, or other legal encumbrances that could affect the buyer’s ability to take full ownership of the property.
Without a thorough title examination, buyers may unknowingly inherit problems with the property that could lead to legal disputes or financial loss. Having an experienced title examination lawyer like Mark Burr ensures that any issues are discovered and resolved before the sale is finalized.
How Title Examinations Help Prevent Property Disputes
One of the most common sources of property disputes is confusion or conflict over ownership. If there is any question about who legally owns a property, it can lead to significant legal battles. A title examination thoroughly reviews the property’s chain of ownership, ensuring that the seller has the legal right to transfer ownership to the buyer.
Discrepancies in the property’s chain of title, such as unresolved inheritances or fraudulent transactions, can create future ownership challenges. By conducting a title examination, Mark Burr identifies and resolves these issues before they turn into costly disputes.
Uncovering Boundary Issues
Boundary disputes can arise when property lines are unclear or contested. For example, if a neighbor believes that part of your land is theirs due to inaccurate records or informal agreements, it can lead to lengthy and expensive legal conflicts. During a title examination, property boundaries are closely reviewed and compared with existing surveys and legal descriptions to ensure that the property’s boundaries are clearly defined.
If any discrepancies are found, our team works to resolve them before the purchase is completed, ensuring you have a clear understanding of your property’s limits and reducing the risk of future boundary disputes.
Resolving Liens and Encumbrances
Liens, encumbrances, and easements can impact your ability to use or sell the property in the future. A lien could be placed on the property due to unpaid taxes, contractor bills, or other debts owed by the previous owner. Easements may allow a third party to use a portion of your property for access, utilities, or other purposes, which may affect your plans for the property.
By conducting a thorough title examination, Mark Burr and our team can identify any outstanding liens, encumbrances, or easements that need to be addressed before closing the deal. This helps prevent unexpected legal or financial complications after the purchase.
Why Property Investors and Homeowners Need Title Examinations
Whether you are a homeowner or an investor, purchasing real estate is a significant financial commitment. Failing to properly examine the property’s title could result in unforeseen legal challenges, which can lead to property disputes, financial losses, or even the risk of losing ownership.
At the Law Offices of S. Mark Burr, P.C., we understand how critical it is to protect your real estate investment. A comprehensive title examination conducted by an experienced lawyer provides peace of mind by identifying potential issues early and ensuring they are resolved before the sale is finalized.
Protect Your Property Investment with a Title Examination
At the Law Offices of S. Mark Burr, P.C. in Alpharetta, GA, we help property buyers safeguard their investments by conducting thorough title examinations that prevent future disputes. Whether you’re buying your first home or expanding your real estate portfolio, contact us today to ensure that your property title is clear and secure before making any commitments.
Posted on behalf of
5665 Atlanta Hwy, Suite 102-301
Alpharetta, GA 30004
Phone: (770) 557-5850
Email: inquiries@smbpc.com