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Mark Goodman Commercial Partners Title, LLC is dedicated to providing unparalleled customer service, commercial title insurance solutions, and creating great relationships. It is vital that we continue to find ways to execute on these promises to our clients; and with the advancement of social media, we believe we can take our values and ideals to a new level.

Please take some time to revisit our website and take advantage of our social media presence.

I hope you find our blog to be informational and educational. We want to continue to be your Experts in commercial title insurance.

I welcome your feedback.

Cordially, Mark

April 18, 2019 by Mark Goodman Leave a Comment

3 Services to Look for in a Title Company

When you’re looking for a title company to facilitate your commercial transaction, there are certain services you need to make sure they provide. But not all title companies are the same. The range of services offered by one title company may be different than the services offered by a different company. In this article, we are going to talk about the services you should look for in a title company.

A Full Range of Title Services

It goes without saying that your title company should offer a full range of title services. This includes everything from title searches, title underwriting, and more. Before you hire a title company, make sure they have the required experience in underwriting title and that they provide you the services you need.

Closing, Escrow & Recording

It’s also important to find a title company that provides closing, escrow, and recording services in-house. This will make the entire process go smoothly from start to finish because you are working with a single company, rather than multiple different companies.

Legal Services

Some title companies will also employ licensed attorneys specializing in real estate law to help when certain complex situations arise. Having a company that provides this service can provide an extra layer of safety.

Commercial Partners Title

At Commercial Partners Title, we are recognized across the United States as experts in commercial transactions. With decades of experience behind us, we have the knowledge and skills needed to help you through the complexities of your commercial real estate deal. Contact us today to learn more about our services and get started with your commercial transaction! You can find us at our primary office located in downtown Minneapolis. Commercial real estate transactions can be complicated. Let us simplify the process for you.

April 16, 2019 by Mark Goodman Leave a Comment

Maintenance Tips when Drafting Easements

Drafting easements requires a lot of care and attention to detail. This is especially true when dealing with the maintenance of the easement. In this article, we are going to offer up some maintenance tips when it comes to drafting easements.

Dealing with Easement Maintenance

An essential element of easements that many don’t consider is maintenance. In order to avoid confusion in the future, it’s important to make it clear who will be in charge of the maintenance of the easement. To that end, ask yourself these questions:

Whose responsibility is it to maintain the easement area?
Whose responsibility is it to initiate and pay for repairs / replacements in the easement area when necessary?

To illustrate the importance of defining easement maintenance responsibilities – consider a paved road with an access easement. Eventually, this paved road will break down and develop potholes. Whose responsibility is it to pay for repairing these damages? Deal with these issues now so you don’t have to deal with them in the future.

In many easement agreements, there will be included various assessment provisions that guarantee the maintenance of an easement area. If you don’t have clear definitions of who is responsible for what in your initial agreement, you may run into nasty disagreements with other property owners down the line.

Experts in Commercial Transactions

Commercial real estate transactions can get complicated quickly. Having a title company by your side can make the process a whole lot simpler. At Commercial Partners Title, we have built up a reputation as being experts in commercial transactions over our decades of work in the industry. Reach out to our team of commercial closers, underwriters, and escrow agents today to discuss the details of your transaction and see how we can help. You can find us at our office in the heart of downtown Minneapolis.

April 15, 2019 by Mark Goodman Leave a Comment

Why You Need to Work with a Title Company if Your Property is Torrens

It’s important to conduct a title search on your property regardless of whether it’s Torrens or Abstract property. In this article, we are going to explain why you still need to work with a title company if your property is Torrens property.

Errors in Title

While the Torrens system is supposed to be a perfect title insurance system – it is not. There are numerous errors that can arise in the certificate of title when dealing with Torrens property. Here are a handful of the most common errors:

Incorrect legal descriptions
The inaccurate owner listed on the Certificate of Title
Missing parcels or too many parcels listed
Inaccurate dates and document numbers
Old mortgage documents listed that don’t have any impact on title

These are just a few of the many errors that can arise with Torrens Property title. If these errors exist and you don’t resolve them before closing on your property, you will be susceptible to someone else bringing a claim against your property. This can result in costly legal fees that could have been avoided if you had worked with a title company prior to closing. That’s why it’s always a good practice to do a title search and get an owner’s policy of title insurance – no matter what type of property you’re dealing with.

Get Help With Your Commercial Real Estate Transaction

Commercial Partners Title has decades of experience in the title insurance industry. We have the knowledge and the expertise needed to help you through every stage of your commercial transaction – all the way to the closing table. We are the experts in commercial transactions in Minnesota and across the country! Contact our commercial real estate experts today at our downtown Minneapolis offices to discuss the specifics of your transaction. Don’t get stressed about your commercial transaction – let us facilitate the process for you!

April 11, 2019 by Mark Goodman Leave a Comment

Will My Real Estate Agent Know the Title Details of My Property?

When you’re searching for a new piece of property, you can rely on your real estate agent for a lot. However, there are certain aspects of your property (such as title) that require additional assistance. In this article, we are going to discuss what your real estate agent should know when it comes to the title of your property.

What Realtors Know About Title

Most realtors have a decent understanding of the title process. A great real estate agent may even know additional information about the title to your specific property and any easements, liens, or encroachments that may exist. But to get a full picture of your property’s title, you really need to work with a title company.

When in Doubt, Consult with a Title Expert

While your real estate agent should have a passing familiarity with the title insurance process and the title to your specific property, they are not experts in title. For that reason, it’s always a good idea to consult with a title insurance company before purchasing your property. Such a company can do an in-depth search through the chain of title and present you with a full history of the ownership of your property. Using this report, your title insurer can draft a title insurance policy that protects you from future claims brought against your property.

Commercial Partners Title

The commercial real estate experts at Commercial Partners Title have decades of experience helping clients through the specifics of their commercial transaction. We can guide you through the entire process, from the start all the way to the closing table. Our title closers, escrow agents, and underwriters are recognized as experts in commercial transactions across the United States. Contact us today at our downtown Minneapolis office to learn more about what we do and how we can help you with your commercial transaction.