When looking into whether or not a property has a lien, you will want to be aware of a few things. You will want to know when and where to look as well as if there are specific persons who can be of assistance. You will also want to have the appropriate documentations available for when you finally get to where you need to in order to learn what you want about the property and what kinds of liens have been placed. With a few tips, your search can be accomplished quickly and easily.
Know when to look
You will need to know if a property has any liens placed upon it if you are looking into buying or need permits to build or remodel. Also, some business will require this information before they will go forward in working with you such as appraisers, real estate agencies, insurance brokers, and others. These places should inform you that a title search is needed beforehand.
Know who can help you
Many different places can help you find out whether a property has a lien placed on it. For a BC lien search you can search the land registry for the title to the property where you will have access to all information about the property including its liens. Title insurance companies are another great source of information; since they want your business, they make sure that all information is found so there will be no difficulties for anyone at any time down the road.
Have the appropriate documentation
When you perform a title search, you will need to provide documentation that allows for you to continue the search. For example, an how to search title for liens will ask for you to identify either a residential address or provide a title number. Having this information handy will save you time and frustration as you move forward in your search for further information.
Recognize different liens
In some cases a lien search Alberta will show multiple liens so you will want to know the differences between them. Some different types of liens include mortgages, property tax liens, child support liens, IRS liens and mechanic’s liens. Each of these can be placed on the property for different reasons but they can all affect the value of a property or what you are able to do with the property.
Knowing what liens are on a property can help you as a buyer or seller. This information is also helpful when you want to move forward with a remodel or add-on. Hopefully with these tips your search for information will be successful and you can accomplish whatever goal you are working towards.
Lien Search Alberta 