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2525 21st Avenue South
2nd Floor
Nashville, Tennessee 37212
Tel:(615) 866-5519
Fax: (615) 309-7046
Nashville Real Estate Title Transfer
Titling a house in Nashville
One on the most important aspects of a real estate transaction is the transferring of the property’s title. The title is defined as the evidence of ownership of a property. Nashville escrow services will help you with all your real estate transaction needs including the transfer of title.
In order to properly transfer the title of your property, there are specific legalities that should be followed and the Nashville real estate services of attorney Robert Scruggs will explain to you the entire process and make sure everything is done correctly and timely.
Nashville real estate title
Real estate title is required to be marketable and without any liability, which implies that it has to be free from any defects such as encumbrances, liens, litigation risks, or any other defects of title. To ensure that you have marketable title, a title searcher should be hired to execute a title search. When a title search is performed, the searcher researches the public records of the county where the property resides. He or she then maps the history of title by examining all of the past recorded deeds that deal with the property. In Nashville the usual time that is examined is typically 30 years.
Title insurance on Nashville real estate
Also, the title searcher will ascertain if there are any encumbrances on the real estate, such as unpaid property taxes, liens, unpaid federal taxes, government claims, outstanding mortgages, foreclosures, any legal judgments, easements, etc. Finally, a title insurance company will provide insurance to protect the purchaser against any damages ensued if the title is not valid. Nashville title insurance and its rates are regulated by the Tennessee Department of Commerce and Insurance.
