A title examination is required during the exchange of ownership in commercial real estate property. The title exam provides all parties with information regarding a property's ownership history and includes a summary of all recorded outstanding interests in the property. The purpose of the exam is to provide the buyer and the buyer's lender with the information required to pursue and close on full ownership of a property.
Guaranty's exams are conducted by Mary Edgeton, an examiner with over 25 years of experience in title research. Edgeton identifies and summarizes any obstacles to full ownership which may include liens, incorrect legal descriptions and other types of unsatisfied claims against a property.
Edgeton delivers the exam to the Guaranty Closer and Account Advisor, and as a team, they determine the strategy and resolution of any encumbrances revealed in the title search. The purpose of this effort is to maximize the resources and expertise of the team in providing viable solutions to the client. This process is undertaken by the Guaranteam with an all encompassing concern and drive to serve the clients ownership objectives.