In general terms, “title” refers to evidence that proves a person’s legal right to ownership of a property. Title work involves an examination of the abstract and/or search of all of the pertinent land records at the County Recorder’s office related to a particular piece of property.
An attorney’s abstract examination uncovers unsatisfied mortgages, easements, plats, or other types of property restrictions. The attorney also searches both state and federal court records for any type of legal proceedings that could affect property such as bankruptcy or foreclosure.
All lenders require buyers to purchase title insurance before closing. Angela Lallemont is a title agent in Minnesota and can issue the title insurance policy required by your lender.