The responsibilities of a title company are many, the most important being:

Analysis of property title to issue a title insurance commitment:

With this step, an investigation of the history of the tenancy is carried out and during this investigation, situations that require fixing before the purchase can be discovered. If there is no solution, it is decided whether to issue title insurance.

Carry out the closing of the transaction:

Preparing all legal documents; receive the necessary funds from the buyer or banking institution to make the necessary payments, acting as a fiduciary agent. This gives transparency to the transaction.

Finally, issue a property title insurance to the buyer and the financial institution, guaranteeing a clean title of any title defect.

By taking these steps, the buyer is given peace of mind that his investment is secured against any possible problems related to the ownership of his property.