People have a lot of questions when it comes to commercial real estate transactions. And that’s no surprise, as commercial transactions can get complicated quickly. In this article, we are going to explain when you should involve a title company in your commercial real estate transaction.
The Short Answer – ASAP
The short answer to the question at hand is – as soon as possible. There are a lot of moving parts in a commercial transaction and a lot of documents that need to be prepared for a successful closing. Giving your title company enough time to prepare everything is absolutely essential to the success of your transaction. Even if you don’t plan on closing your property for a year, it doesn’t hurt to contact your title company and get the ball rolling so you have plenty of time to prepare everything before closing.
This will allow your title company to perform a thorough title search on your property to clear up any defects in the chain of title and get you an owner’s title policy that will fulfill your needs and protect your ownership interest in the property. So reach out to your title company sooner rather than later if you are considering a commercial real estate transaction!
Get Help With Your Next Commercial Transaction
Looking for help with your next commercial real estate transaction? You’ve come to the right place! Commercial Partners Title is recognized as the expert in commercial transactions across the United States. Our team of underwriters, title closers, and escrow agents can handle all the details of your commercial transaction so you don’t have to! It’s our goal to make the process as simple and streamlined as possible for you. Contact us today to learn more about our capabilities and how we can help you with your next transaction!