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Best-in-class commercial title services require solutions-driven underwriting, matchless experience, specialized title and settlement services, and national reach.
All investments involve risk and some carry a higher amount than others. Commercial real estate transactions can be especially nuanced and high-stakes. Legal descriptions, zoning changes, building renovations, and multiple property owners can all make it difficult to establish clear ownership. Consequently, buyers and lenders looking to safeguard their investments often turn to quality commercial title services to provide them with the highest levels of protection and expertise.
Below are five important facts about commercial title services and how they can benefit you.
Fact #1: Commercial title services are comprehensive.
These offerings cover a scope of services that supply buyers and lenders with protection and peace of mind when conducting commercial real estate transactions. Commercial title services include:
- Title search
- Title examination
- Title insurance
- Cost estimation
- Commercial closing services
- And much more
Each service exists to maximize business opportunities and minimize risk when acquiring a commercial property. When you enlist the expertise of an industry-leading title services company, you and your commercial investment are safeguarded from potential future losses stemming from undiscovered title issues.
Fact #2: A quality title search is in everyone’s best interest.
A title search is a critical part of any property purchase. Commercial properties in particular can have complicated histories with a large number of public filings attached to them. A title insurance company will complete a thorough search of the property and land’s ownership history. Your title insurance company will work behind the scenes to resolve any issues. While their goal is to protect their own financial interests, knowing that the property is clear for ownership benefits you as well. Potential title issues uncovered and resolved might include past liens, ownership disputes, overdue taxes, unpaid bills, or unknown easements.
Fact #3: You gain added protection with title insurance.
Unfortunately, even the most detailed of title searches can miss something critical. In the rare event that there is a claim filed against your property from a previous ownership issue, commercial title insurance will cover you against fees and losses up to the value of your policy. The combination of a title search and commercial real estate title insurance ensures that you are well-protected.
Fact #4: Title insurance is a smart one-time investment.
Commercial title insurance covers you against events that happened in the past. This makes title insurance unique from other forms of insurance, which are designed to protect you from things that may occur in the future. The relatively inexpensive, one-time payment is made at closing and will continue to protect you for as long as you own the commercial property.
Fact #5: It allows you to focus on what’s most important.
There are many moving parts to closing on a commercial property. Due to the number of parties involved–buyers, sellers, attorneys, corporate members, board members, assigned signors, and more–commercial closings are complex. National commercial property purchases can be even more involved. Whether you’re purchasing your first property or your tenth, count on your commercial title services team to support, guide, and protect you every step of the way.
Certified Title Corporation offers comprehensive commercial real estate title services. Since our inception in 1994, we have built a stellar reputation for providing responsible, efficient, and personal service for some of the most well-known commercial properties in the region. We offer depth of experience in the commercial real estate industry so you can complete even the most complicated settlements with confidence.
Certified’s cutting-edge technology and client-centric philosophy are the foundation of our business practices. To find out how our team of professionals can help you with your commercial title services needs, please contact us anytime.
About Certified Title Corporation: Since 1994, attorney-owned Certified Title Corporation has been furnishing residential and commercial real estate stakeholders across the nation with robust title insurance, settlement, and escrow services. Renowned for industry-leading reliability and an exemplary level of service and quality, the Maryland-based company helps clients from all walks of life achieve their asset goals. To learn more, call (888)486-5511 or visit https://www.certifiedtitlecorp.com/.