Understanding the Title
The title is the official record of ownership—the deed proving who owns a property and its chain of transfers. It shows, for instance, how Javier’s ownership transferred to Felipe. This document is essential for any real estate transaction.
What is a Survey?
A survey is a detailed mapping of the property’s boundaries, ensuring accurate representation of its perimeter.
Understanding Title Insurance and HOA Issues
A property survey provides a perimeter map of the land, indicating elevation changes and easements (access rights for utilities like water, electricity, sewer, or common areas). It defines the boundaries of the property you’re purchasing. While surveys are necessary for houses with yards, they aren’t required for apartments. For a more in-depth understanding of title insurance, see understanding and obtaining title insurance a comprehensive guide.
Navigating HOA Challenges
Homeowners Associations (HOAs) can be complex and often overworked, managing the administration of the community. At Qualia, we leverage partnerships with expert companies to quickly obtain information from HOAs. We go further, though; we not only utilize these external resources but also contract directly with them and foster strategic alliances. In fact, I have a meeting next week to begin building stronger relationships with local HOAs.
For HOAs seeking assistance, we offer services designed to streamline their processes and improve efficiency. Our goal is to provide solutions that alleviate their workload and offer a competitive advantage. See also: real estate transactions titles surveys and hoa solutions
Disclaimer:
All the information provided in this article is for informational and reference purposes only. First Title Group is not responsible for any decisions readers may make. Each situation is unique, and we recommend seeking our advice before making important decisions regarding title insurance. Contact us via WhatsApp at +1(786) 624 9154 or send an email to info@firsttitlegroup.com.