Friday, August 28, 2015

Part 3: Risk elimination and title insurance

An important part of title insurance is its emphasis on risk elimination before insuring to provide the insured the best possible chance for avoiding title claim and loss. 

Insuring title begins with a search of public land records for matters affecting the title to property. Examination of evidence from a search is intended to report all material objections to the title. Frequently, instruments that don't clearly pass title are found in the chain, or history, of ownership assembled from the records in a search. These need to be corrected before a clear title can be conveyed. Examples of instruments that can present concerns are as follows:
  • Deeds, wills and trusts that contain improper entitlement and/or incorrect names
  • Outstanding mortgages, judgments and tax liens
  • Easements
  • Incorrect notary acknowledgements 
Through the search and the examination, title problems like these are disclosed and can be cleared up when possible. Bradford Miller Law, P.C. can assist you with all your real estate needs at a very reasonable rate and will ensure that you receive a clear title.  We are adept at saving our clients time and expense while rigorously protecting their interests.Whether you are buying, selling, renting a property or need assistance with a building code violation we can help. Our experienced Real Estate Attorneys have been representing real estate clients for several years and have earned membership in the Better Business Bureau and we have great reviews on Yelp.

At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. Give us a call at 312-238-9298 for a FREE 15-minute consultation to discuss your pending or potential real estate transaction.

Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602

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