Underwriting title insurance is all about accuracy. One of the most common problems we, as title insurers, run into when working on easements is inaccurate or insufficient legal descriptions. In this article, we are going to discuss three reasons why accuracy is important when it comes to legal descriptions of property.
Easement Accuracy
The easement document should contain accurate legal descriptions of the burdened parcel and the benefited parcel. This is for a few important reasons:
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The title company needs to understand which parcels are involved with the easement.
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If the legal descriptions of the involved parcels are inaccurate or insufficient, it’s possible that the county recorder may reject the easement document for recording – which would be a huge problem for title purposes.
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If the legal description is insufficient or does not contain enough detail, it may be difficult to actually find the easement.
These are only a handful of many reasons why accuracy is essential when working with easement legal descriptions.
Talk with a Commercial Title Expert Today!
Connect with a commercial title expert today to discuss the important details of your next commercial transaction. Over the past several decades, Commercial Partners Title Company has put in the work to establish themselves as experts in the field of commercial title services. We partner with each of our clients to provide the best possible service. Contact us today to learn more about the extent of our commercial title services and see how we can help you. Our main office is located in Minneapolis but we work with clients across the United States.