- Title Search/Examination
- Title Insurance
- Escrow Services
- Mobile Notary Services
- Closing Services
- Legal Services
- Document Preparation Services
A title search involves researching public records before the purchase is completed to find out about the history of the property, such as who the previous owners were, if there are any outstanding liens or judgments, and if there are any restrictions or easements on the property. This helps to identify any potential issues with the title that need to be resolved before the property can be sold.
A title examination goes a step further than a title search and involves a detailed analysis of the title search findings to identify any potential issues or defects with the title. This includes a review of all documents related to the property, such as deeds, mortgages, and easements.
Title insurance is a type of insurance that protects property owners and lenders from any past or future legal claims that may arise against the property. It ensures that the buyer has clear ownership of the property and protects against any defects. The premium for title insurance is paid once, at the closing, and it insures the buyer for as long as they own the property. In case of any title defects, the title insurance policy covers the legal costs to defend against any valid claims on the property.
Vital Title & Escrow offers escrow services to help buyers and sellers transfer property securely. As a neutral third-party, we hold funds and documents related to the sale until all conditions of the transaction are met. Our team ensures that all terms of the transaction are satisfied, including payment of purchase price, closing costs, and transfer of the title. This protects both parties from fraud or other issues that could arise during the process.
Mobile Notary Services
Mobile notary services involve a notary public traveling to a client-specified location to notarize various documents, such as deeds, trusts, powers of attorney, and other legal documents. This is especially helpful for individuals who are unable to travel, such as the elderly, disabled, or those without access to transportation. Additionally, it can save time and reduce the need for the client to take time off work or disrupt their schedule to visit a notary’s office.
Closing services typically include a range of activities related to the final stage of a real estate transaction. These may include:
- Preparing/reviewing documents related to the sale, such as the purchase and sale agreement, title documents, loan documents, and closing documents.
- Ensuring that all closing documents are properly executed.
- Disbursing all funds in accordance with the settlement statement.
- Ensuring that all necessary documents are recorded correctly with the relevant government agencies.
Overall, our closing services are designed to ensure that the transaction is completed smoothly and legally, with all parties receiving what they are entitled to under the terms of the sale.
Vital Title & Escrow is attorney-owned and operated which means you have the advantage of immediate access to legal counsel to assist with any legal issues or questions that may arise. With our team of experienced attorneys, we are able to provide a high level of expertise and guidance to ensure that their legal needs are met.
Document Preparation Services
We have a team of experienced attorneys and paralegals who can prepare a variety of legal documents, including but not limited to:
- Purchase and Sale Agreements: A legal document that outlines the terms and conditions of a real estate transaction, including the purchase price, payment terms, and any contingencies.
- Deeds: A legal document that transfers ownership of real estate property from one party to another.
- Promissory Notes: A legal document that outlines the terms of a loan agreement, including the amount borrowed, the interest rate, and the repayment schedule.
- Mortgages: A legal document that serves as collateral for a loan used to purchase real estate property.
- Leases: A legal document that outlines the terms and conditions of a rental agreement between a landlord and tenant.
- Easements: A legal document that grants the right to use a portion of a property owned by someone else for a specific purpose.
- Closing Documents: A variety of legal documents that are required to finalize a real estate transaction, including title documents, seller/closing documents, loan documents, and closing statements.