Keys to Understanding Land Records -Transaction Marketplace, Universe of Competing Property Interest
Gain a better understanding of land records and the transaction marketplace.
Public land records are an indispensable source of land ownership information for prospective purchasers and lenders. Whether they are first-time homeowners or experienced commercial investors, public land records accord the prospective purchaser a passing opportunity to assess the marketability of the seller’s title, evaluate the potential for future amenities offering a premium resale value, and in some cases, avert financial loss by avoiding the acquisition of encumbered ownership that would frustrate or hinder expectations. This white paper reviews the importance of accessing public land records and the timing of their analysis and discusses the legal significance or constructive notice to prospective purchasers.