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Cost of Attorney Opinion Letter Generally, you might expect the cost to range from $500 to $1,500.
It may take one day to two weeks, depending on the size of the property to gather the correct information about the land. However, commercial surveys can take thirty to sixty days, depending on the survey requirements and lands condition.
The Purpose of the Title Opinion A title opinion is a legal document and an important written communication between an attorney and his client. One of the foremost reasons for rendering a title opinion is to provide the client with a report of the present state of title in a given area.
The speed of a title search will vary based on the complexity of the documents associated with a property, but a title search typically takes about 2 weeks to complete. A title search will involve obtaining records from multiple sources, which can delay the process if an office takes a long time to respond.
Exactly how long a property title search takes depends on a number of different elements in the transaction. A title search can take anywhere from a few hours to five business days to complete.
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Some searches can be completed in as little as a few hours, but in most cases, a title search will take between 10 and 14 days. In general, the older the home, the longer the title search.
Opinions of title are usually issued by attorneys. Title companies use the opinion made by the attorney to issue a document called a title report. This is a legal document that can be used in varying ways, but is most often in the process of purchasing a property, researching ownership, or verifying a lien status.
Once all liens are satisfied, the buyer receives the deed along with a title insurance policy. This usually takes two weeks, but can vary greatly based on the unique circumstances of each transaction.

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