There are many hats worn by a commercial title company during a commercial transaction. Many people are unaware of just how much a commercial title company can do for them. In this article, we are going to walk through some of the resources that your commercial title company will provide throughout the course of your commercial real estate transaction.
Title Underwriting Services
The most obvious service a commercial title company provides is title underwriting. Your title company will perform an exhaustive search through the chain of title for your property and identify any existing defects. Once those are resolved, they will furnish you with a title insurance policy for the property.
Closing & Escrow Services
A commercial title company can also handle all of the closing and escrow services required for your particular commercial transaction. They can prepare and execute all the required documentation to ensure a smooth property transfer when it comes time to sit down at the closing table.
Construction Disbursing Services
If your transaction involves construction of any sort, your title company can provide construction disbursing services to ensure work is being completed on time and within the constraints outlined by the client.
Commercial Partners Title Company – Minneapolis, MN
Commercial real estate transactions can be confusing, stressful, and frustrating. But working with a skilled and experienced title insurance company can make the process much smoother! Commercial Partners Title Company has extensive experience facilitating commercial transactions of all shapes and sizes. It doesn’t matter how big or small your commercial transaction is – we’re ready and able to help you through it. Contact our team of commercial title experts today to learn more about the process and see how we can help!