Chart due diligence results in half the time
Do all states require a tax lien search?
State law grants liens for unpaid taxes to the various states, with most requiring that a public notice be filed to document the existence of a state tax lien. Most state tax liens are required to be filed only in a local office, usually the county where the property is located. Other states retain state tax lien filings at both the Secretary of State and a local office.
I’m involved in a real estate transaction. How do I verify the owner of the property?
An Owner Verification Search provides the information needed to identify the current owner of a property and obtain a full legal land description. An Owner/Mortgage Search details the current property owner and all mortgage/deeds of trust against the property.
How do I verify if there are current liens against the property?
An Owner & Encumbrance Search identifies the current owner of and all liens against the property.
Why is a UCC Search important?
A UCC is the official mechanism for notifying lenders of a possible conflict in collateral interest, a UCC search conducted at the appropriate state filing office and prior to a transaction closing is critical to the due diligence process.
What is a UCC Search to Reflect?
A Search to Reflect provides early assurance that the UCC filing will be found in the public record under the exact, true and correct debtor name. A UCC that cannot be uncovered in a search that complies with Article 9 standards puts the filing at high risk of being considered ineffective and will compromise the position of the secured party.