Indiana Questionnaire to Secure Initial Data for Title Search
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How to fill out Questionnaire To Secure Initial Data For Title Search?
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FAQ
A deed is the written document which transfers title (ownership) or an interest in property to another person.
The document(s) referred to as title evidence include. title insurance. warranty deeds. security agreements. abstract of title.
Search the owner and property through the county recorder's property records to find applicable deeds, open mortgages, mortgage associated documents, as well as any other documents that are relevent to the title. Foreclosure cases, judgments and liens need to be searched separately in civil records.
You may use our online services or search records at the Marion County Recorder's Office to see if there is a lien on your property. If a lien is filed against your property, contact the lienholder for more information. Generally, the lienholder is the only party able to release the lien.
A title search digs into a property's public records. Typically, an attorney or title company will use a variety of legal documents to establish a chain of title and confirm that a seller is the rightful owner. And the title search also roots out any financial or legal claims against the property.
In the state of Indiana, both the Title Search and Title Insurance are combined into one flat fee that can range anywhere between $400 and $700.
A clear title is a title without any type of lien or levy from creditors or other parties that would pose a question as to legal ownership. For example, an owner of a home with a clear title is the sole undisputed owner, and no other party can make any kind of legal claim to its ownership.
After the buyer and the seller have signed all the necessary paperwork, the seller delivers the signed deed to the buyer, who accepts it. All pertinent documents are then recorded in the correct order to ensure continuity of title.