How to get transaction history for a property

If you are looking for a property transaction and conveyance history, U.S. Title Records provides a Chain of Title Reports.

Chain Of Title Report Includes:

A full chain of title or title report is a comprehensive document that outlines the history of ownership and transfers. This includes any sales, foreclosure activity, encumbrances, or liens on a particular property. It is an essential component of the real estate due diligence process, especially during property sale transactions.

Here are the key components typically included in a full chain of title reports.

Chain of Title Reports provides a 30-year chain of title abstract for sale, the lien (Voluntary and Involuntary), mortgage, assignments, UCC, Judgments, conveyance, and transfer history (grantor/grantee) for the subject property. The chain of title report includes digitized documents (copies of all vesting deeds) pulled from microfilm and microfiche with the county recorder’s office for a sequence of historical transfers of title to the property (standard 30-year search) and documentation of ownership listed in chronological order.

NOTE: For UCC, Liens, and judgments filed against an individual or business entity, please see Individual profile and Business profile reports.

When you sell a property, the next person receives the title and conveyance reflected in a property’s vesting deed showing ownership.

Why choose U.S. Title Records over the county records office?

U.S. Title Records is the number-one ranked Property Title company, established almost ten years ago we provide all types of Property Record Information to all cities, counties, and states located in the United States. We provide reports to customers quickly and all orders within 24 hours of purchase are processed and sent over to you via email.

What are Property Records? Why is it useful to obtain them online?

Property records are official documents recorded and indexed by the county recorder’s office. These records provide detailed information about a particular piece of real estate or land. These records are maintained by government agencies at the local level, typically by county or municipal authorities. They contain essential details about a property, including its ownership history, mortgages, lines of credit, legal and vesting, legal description, tax assessments, liens, and other relevant information. Obtaining property records online has become increasingly popular due to the convenience and efficiency it offers to individuals, real estate professionals, and researchers.

ownership history

One of the key components of property records is the ownership history. These records trace the chain of ownership for a specific property over time. They document when the property was purchased, sold, or transferred, along with the names of the individuals or entities involved in each transaction. This information is invaluable for prospective buyers or investors looking to understand the property’s background and assess its market value. It also helps identify potential issues related to ownership disputes or conflicting claims.

Legal descriptions are another critical aspect of property records. These descriptions provide a detailed and precise identification of the property’s boundaries, dimensions, and location. They use a combination of survey measurements, landmarks, and reference points to create an accurate representation of the property’s physical boundaries. Legal descriptions are crucial for ensuring that there is a clear understanding of the property’s size and location, preventing boundary disputes and legal complications.

Tax assessments are an essential part of property records as well. These documents detail the property’s assessed value for tax purposes, which influences the amount of property taxes the owner is required to pay. Online access to tax assessment records allows property owners to verify the accuracy of their tax assessments and understand how changes in property value may impact their tax liabilities. For potential buyers, this information is valuable for estimating future tax obligations associated with a particular property.

Liens

Liens and encumbrances on a property are also documented in property records. Liens represent claims against the property, such as mortgages, unpaid taxes, or other debts. Accessing these records online enables individuals to identify any existing liens on a property before making a purchase. This information is crucial for making informed decisions and avoiding potential legal and financial complications down the line.

The ability to obtain property records online offers numerous advantages. One of the primary benefits is the convenience and quick access it provides. In the past, individuals had to visit government offices in person to access these records, which could be time-consuming and cumbersome. With online access, users can retrieve property records from the comfort of their homes or offices, saving time and effort.

Furthermore, online access to property records promotes transparency and accountability. By making these records readily available to the public, governments foster a more open and accountable real estate system. This transparency is particularly beneficial for ensuring fair and ethical practices within the real estate industry.

In conclusion, property records are crucial documents that offer a wealth of information about a property, and what is currently owed on the property including ownership history, current mortgage balances, legal descriptions, tax assessments, liens, and encumbrances. The ability to obtain these records online has transformed the way individuals, real estate professionals, and researchers access and utilize this information. The convenience, transparency, and efficiency provided by online access to property records make it an invaluable resource for anyone involved in real estate transactions or research.

Sources used:

https://www.oregonlive.com/sellmyhome/2017/08/researching_my_propertys_sale.html#:~:text=Finding%20your%20Property’s%20Sale%20History,hall%20normally%20keep%20property%20records.

https://sos.oregon.gov/archives/Pages/records/aids-land.aspx#:~:text=In%20addition%20to%20documenting%20important,the%20value%20of%20farm%20equipment.