What is Title :
Title is the legal right that a person has to the ownership and possession of land. Since it possible that someone other than the seller has a prior legal right to the property you're buying, the premium coverage by the Homeowner's policy provides you with added peace of mind. There can be any number of prior problems that remains undisclosed even after the most careful search of public records. These prior hidden ''defects'' are very dangerous and sometimes are not discovered for months or even years after purchase your home. You could be forced to spend substantial money on a legal defense to protect your rights. The Homeowner's Policy helps protect you against covered losses and prior defects, and provides legal defense for covered risks.
What is a Deed :
Deeds are actually the legal documents that transfer title from one person to another. It must be a written document, according to the Statute of Frauds. Sometimes the Deed is referred to as the vehicle of the property interest transfer. The transfers can be less than the title that you actually have. Deeds must be recorded in the courthouse or assessor's office to make them fully binding in most states, but a failure to file them does not change the transfer of title. It just means that the Deed is not perfected. An imperfect Deed does not mean that there is a problem with the title. It's just a problem with the way that the paperwork surrounding the Deed was handled.
We here at
Touchdown Abstract Services, Inc.
Are your PEOPLE.
As an indispensable and essential
Team member of the closing process
We have the expertise to work with and get the job right..
With so many people involved with each real estate transaction, we play a vital role. This is why we do not see you as a customer. We see you as a partner and this makes communication the most valuable asset in our arsenal.
When combined with an astounding network, knowledge, experience, state-of-the-art database and tracking system, and of course the Internet, we can provide a better product enough to make a client raise an eyebrow.
It's no wonder why "We make your goals happen.”
* Title Insurance * Reverse Mortgage closings * Deed recordings
* Title Reports * Conventional Mortgage closings * Expediter/Permit
* Title Abstracts * Commercial Mortgage closings * Survey
* Notary Services
Unless you’ve got a good team, you will not meet your goal.
Lora A. Rosenthal, Paralegal and President
350 Moffitt Blvd, 2nd Floor, Islip, NY 11751
Telephone: 631-224-7196 Fax: 631-224-7197