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PRELIMINARY OPINION ON TITLE - North Carolina Title Services 2025

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The document is a Preliminary Opinion on Title from Chicago Title Insurance Company, detailing the examination of title records for a specific property. It includes information about the property owner, estate, taxes, restrictive covenants, easements, and potential exceptions to title insurance coverage. The document outlines standard exceptions that may affect the property's title and emphasizes that the opinion is non-transferable without consent.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Whose responsibility is it to review the preliminary title report?

Attorney opinion letters may appear to be a cost-effective alternative to title insurance for those who are looking for a more personalized analysis of a propertys title status. However, they should not be relied upon as a guarantee of a clear title and do not provide the same level of protection as title insurance.

How long does title approval take?

If the information is readily available in public records and they find nothing wrong in the propertys history, the title inspector will deem that the title is clear. This process can take as little as two weeks.

Why do title searches take so long?

Because a title search requires a lot of fact-checking and background searches, they can prove time-consuming. This is why many homebuyers work with Board Certified Real Estate Lawyers.

How long does it take to check a title?

A title search can take anywhere from a few hours to five business days to complete. Title insurance companies typically base just how long a search will take them on factors such as: Number of documents needed for review. Availability of documents for review.

How long does a title opinion take?

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.

Is an attorney title opinion better than title insurance?

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.

How fast can a title search be done?

The average turnaround time for a title search can vary depending on factors such as location, complexity of the property, and the resources available at the title company. Typically, a standard title search can take anywhere from a few days to a couple of weeks.

PRELIMINARY OPINION ON TITLE - North Carolina Title Services 2025

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