Tag Archive: title exam

Three Reasons Why You Should Pay for a Title Search When You Transfer Property Among Family or Friends

February 4, 2019 8:00 am Published by Robin A. DeAugustinis

We’re often asked by clients for assistance with “simple” conveyances of real property between family members or friends. We strongly advise each of those clients to commission a title search before a deed is signed. Does anyone question that advice? Yes. Here are three typical objections:

1) “A title search is too costly and too slow.”

That’s the most common objection. It’s true that a title search usually takes a couple of weeks and usually costs several hundred dollars, although the actual time and cost depend on the complexity of the title. Skipping the title search when transferring property to a family member or a close friend definitely will save time and money. But it could spell trouble later, ...