Nothing could be worse than finding a perfect property and negotiating good terms only to find that the title is defective. This can lead to costly, lengthy litigation that can be a nightmare to be a part of. When a property is under contract, a South Florida title inspector will go in to make sure that the person selling the property is legally able to do so. The goal is to prevent another party from stepping in to claim legal title based on a lien or other debt. Through a thorough review of the chain of the title by a South Florida real estate attorney, any potential defects can be found before they need to be litigated.
At Schecter Law, our Fort Lauderdale real estate lawyers routinely provide title examination and title insurance for our residential and commercial clients. The purpose of title insurance is to protect the purchaser of real estate and the holder of a mortgage against loss from defective titles, liens, and encumbrances. Protecting a buyer against loss is accomplished by the issuance of a title insurance policy. Since title insurance, as other forms of insurance, is a risk assumption, it is very important that the title insurer eliminate the risk and prevent losses caused by defects in title arising out of events that may have happened in the past.
To achieve this goal we review an extensive search of the public records to determine that there are no adverse claims to our client’s interests. If we find there adverse are claims or other defects in title, we will seek to eliminate them prior to closing, and if they cannot be eliminated prior to closing, then with the client’s permission, they are accepted from coverage. This requires a South Florida real estate attorney who is familiar with these public records and knows exactly where to look to find any potential defects. A keen eye and an exhaustive thoroughness is required to ensure that all potential defects are found and taken care of. By taking care of any liens or other claims on the title, thousands of dollars can be saved in legal fees and the marketability of your title will be certain.
Our Fort Lauderdale real estate attorneys utilize the team approach because we believe that collaboration enhances the quality of service to our clients, and adds value to our representation. Our attorneys bring insightful legal analysis and hard work in every aspect of your case. We dedicate detailed and in-depth attention and analysis to all of our cases at a level that surpasses the big firms, but with legal fees that do not. This allows you to save money while sacrificing nothing in terms of expertise or quality of representation. We take great pride in our client satisfaction and in fostering a level of trust through open communication
Our South Florida real estate lawyers are committed to our clients as we are to their cases. Your phone calls are returned promptly; the lawyer assigned to your file is directly accountable to you; and, you will always be able to contact the partner in charge directly, without any buffers. If you are currently need a title examined contact the South Florida real estate attorneys at Schecter Law. We strive to produce satisfied clients and we would be happy to assist in any construction agreement contracts you may have.