- 1. Current owner search
The current owner search involves searching the details of the present title holder of the property and the latest deed with consideration. This search will be conducted by searching from the current date backward. The details covered by this search are vesting deed, current tax status, open mortgages, judgments, liens, mortgages, legal descriptions, and county assessment information. In general, this search will be done for the origination of home equity transactions, foreclosure auctions, short sales, and pre-tax auctions.
- 2. Two owner search
Two owner title searches will be done for the last two owners in the chain of title of the subject property and the title search will be conducted from the current date backward.
- 3. Full search
A full search will be performed in detail on current and previous owners of the property subjected to buy. This search will be including all names in the chain of title and will report liens and judgments for all owners including the current and the past owner. The names must be run for general liens, like that of the judgments and federal tax liens for the complete statutory period applicable to the state.
This search document additionally covers all the defects, liens, and encumbrances specifically referred to in the search and all those must be reported as exceptions until they are properly disposed of. This also includes the searches on property liens, easements, CC & Rs-covenants, restrictions, conditions, resolutions, agreements, and ordinances that affect the real property. Also, this may include historical searches for up to 50 years for additional pricing.
- 4. Deed search
Deed searches are done to check the full value deed to begin the search and also to provide the chain of title.
- 5. Update search
An update search will be performed on the subjected property from the date of the last search to the current date. An update search report will be provided on all the documents posted and recorded during the search period. In general, this type of search will be performed right before the closing takes place.
- 6. Liens and judgment search
This type of search will be done to check if there are any liens existing over the property or not.
- 7. Bankruptcy search
A bankruptcy search is done to check if there are any bankruptcies filed against the existing property owner.