If you are involved in a commercial real estate transaction, it’s always a good idea to consult with a title insurance company or an attorney to obtain the correct legal description for the property. Using information obtained from a prior document, a tax legal description, or other source may result in an incorrect legal description and result in a number of problems.
Incorrect Legal Descriptions
As title insurance professionals, we have seen a number of problems that have resulted from the use of an incorrect legal description. Some of those problems include leaving part of the property behind or including too much property in a conveyance. Depending on the circumstances, these avoidable problems can result in expensive clean-up work in the future, sometime involving litigation.
Commercial Partners Title
Commercial Partners Title has been facilitating commercial title transactions for decades. We are known as the experts in commercial title transactions. Our team can walk you through every step in the title process and ensure you are comfortable and informed the entire time. Contact us today to learn more about how we can help with your next commercial transaction!