7 Reasons To Rethink The Importance Of Title Review

By Alejandro Ramirez (December 18, 2017, 10:14 AM EST) -- After an exhausting, seemingly interminable search, you have finally identified your next commercial real estate purchase. After several calls and emails, the price and terms are agreed upon. The purchase and sale agreement (PSA) is negotiated and executed. The title company issues a preliminary title report (preliminary report).[1] You quickly scan through it, and the listed exception items appear very much like the exception items that you have seen before.

Unalarmed, and with other pressing matters at hand, you hold off on your review of the underlying title exception documents. The preliminary report is put aside and you proceed to address...

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