Peninsula Title offers title search and insurance services for all parties involved in the transaction, including:
- Comprehensive examination of public records to verify the history of the property's title, ensuring there are no outstanding liens, judgments, or other issues that could affect ownership.
- Offering insurance coverage to protect the buyer and lender against potential defects in the title, such as undisclosed heirs, forgery, or errors in public records, providing financial security in case of unforeseen title challenges.
- Confirming the legal ownership of the property by researching and validating the chain of title, ensuring that the seller has the right to transfer ownership and that there are no disputes over ownership.
- Preparation and review of legal documents essential to the property transaction, including deeds, mortgages, and closing statements, ensuring compliance with relevant laws and regulations.
- Facilitating the closing process by acting as an escrow agent, securely holding funds and documents until all conditions are met, and coordinating the final transfer of ownership between the buyer and seller.