Minnesota is the 12th largest state in the United States, is home to nearly 6 million residents. Known as the "Land of 10,000 Lakes" for its over 14,000 bodies of fresh water, the state is a key real estate hub, especially around the Minneapolis-Saint Paul metropolitan area, also called the Twin Cities. This region serves as Minnesota’s political, economic, and cultural core.
A title search is a crucial step in the property buying process. Whether you're purchasing a residential property or engaging in commercial real estate, a title search ensures that the property's ownership is clear and free from legal issues that could arise later.
In Minnesota, a property title search involves the review of various documents, including:
These documents are reviewed to confirm whether the title is “clear” and free from any encumbrances or legal disputes that may affect ownership.
Performing a Minnesota title search is essential when investing in real estate. It helps you uncover critical details about the property, such as:
A clear title is necessary to avoid legal complications during and after the purchase. Ensuring the title is clean and free of liens, judgments, or other issues will give you peace of mind in your real estate investment.
|
Type of Search |
Cost |
|---|---|
|
O&E Report (Residential) |
$95.95 |
|
Two Owner Search (Residential) |
$149.95 |
|
30-Year Search (Residential) |
$195.00 |
|
Title Update |
$40.00 |
|
Chain of Title Search |
$75.00 |
|
Commercial O&E Report |
$250.00 |
Prices vary by county and are subject to change. It’s crucial to confirm with the provider before proceeding.
A Current Owner Search or O&E Report provides details on a property’s title from the time the current owner acquired it to the present. This search identifies any liens, judgments, or mortgages that have been placed on the property since the current owner took possession. It is a vital search when assessing property ownership and clear title status.
At ProTitleUSA, we are dedicated to providing accurate and thorough title search services in Minnesota. Our team of professional title examiners ensures that every report is carefully reviewed for accuracy. In the rare event that an error is found, we offer a full refund to our clients for any mistakes directly caused by the abstractor.
ProTitleUSA prides itself on utilizing a professional title examiner to verify the quality of a title search report before it is released to our clients. If the title search is proven to have any substantial errors directly caused by the abstractor, we will refund the full price charged for the search.
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“They got me the information I needed, fast and simple. Can't ask for more than that.” –AK
“Absolutely great service and turn around time. Highly recommend.” –JC
“If marriage between people and companies were legal, I’d ask for Protitle’s hand. Their 30-year search saved me a giant headache on a property purchase I was going to make. These people are great.” –PV