How to Prevent Real Estate Disputes and Issues Using Title Registry Excerpts

Real estate disputes and issues can be costly and time-consuming. They can arise from a variety of factors, including boundary disputes, title defects, and liens. One of the best ways to prevent these disputes is to obtain a title registry excerpt before you purchase a property.

What is a Title Registry Excerpt?

A title registry excerpt is a legal document that provides a detailed history of a property’s ownership. It includes information such as:

• The current owner of the property
• The previous owners of the property
• Any mortgages or liens that are registered against the property
• Any easements or other encumbrances that are registered against the property

How Can a Title Registry Excerpt Help Prevent Disputes?

By obtaining a title registry excerpt before you purchase a property, you can identify any potential disputes or issues that could arise. For example, you may discover that there is an outstanding mortgage on the property or that there is an easement that grants a neighbor the right to use a portion of your land.

Knowing about these issues in advance will allow you to make an informed decision about whether or not to purchase the property. You may be able to negotiate with the seller to have the outstanding mortgage paid off or the easement removed. Or, you may decide to walk away from the purchase altogether.

How to Obtain a Title Registry Excerpt

To obtain a title registry excerpt, you will need to contact the local land registry office. The process for obtaining an excerpt may vary depending on the jurisdiction, but generally you will need to provide the following information:

• The property address
• The name of the current owner
• The fee for the excerpt

Once you have obtained a title registry excerpt, you should review it carefully. If you have any questions about the excerpt, you should contact a lawyer for assistance.

Conclusion

Obtaining a title registry excerpt is an important step in protecting yourself from real estate disputes and issues. By knowing about any potential problems in advance, you can make an informed decision about whether or not to purchase a property.