The customs and practices that govern title insurance transactions can vary greatly from state to state, and even within each state – depending on the specifical locale. In this article, we are going to offer up some tips and tricks for dealing with title insurance in different states and localities.
Time Frames & Documents
Some states have mandated a particular title insurance policy form, but across most of the country the policies appear the same. However, customs and practices can vary considerably depending on location. As a result, it is important to rely on your title insurance company and follow their guidance when placing an order, interpreting the title work, and addressing potential title issues, such as:
- Are there any title matters that need to be resolved?
- What does your timeframe look like?
- What documents do you need?
All of these items need to be looked at differently depending on the state and locality.
Commercial Partners Title Company
It’s important to have a title insurance company you can trust to deal with the particular customs in the area of your transaction. At Commercial Partners Title, our experts have decades of experience facilitating commercial transactions across the United States. We have the knowledge and expertise to help you through your next commercial real estate transaction. Contact us today to learn more about our services and see how we can help. You can find us at our primary offices located in downtown Minneapolis.