Real Estate Contracts and Municipal Lien Searches

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Be sure that the real estate contract and title commitment have a municipal lien search as a requirement and the policy will protect against unrecorded liens. Also, be sure to ask for a FULL municipal lien search including permit history. 1

We find the concept of diversification present. notes — secured notes are backed by an asset, such as real estate (can be residential or commercial, first position or junior liens). One of the.

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The standard FAR/BAR contract widely used by Florida Realtor’s has a provision stating that in the Miami-Dade/Broward counties the sellers will provide a municipal lien search for the buyer. However it does not have that requirement for any other county within the State.

For example, in Miami-Dade and Broward counties, the standard real estate contract requires the seller to provide a municipal lien search for.

A municipal lien search allows you to find unrecorded liens, in addition to code violations, special assessments, utility, and open or expired permits issues that are associated with residential or commercial real estate. This is a critical part of the process, as there are often unknown or undisclosed fees, costs or other issues that impact a buyer post-closing.

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Florida Municipal lien search conducts searches for municipal and county liens, unrecorded utility services, code enforcement violations, code enforcement liens, property taxes and special assessments. Founded on the principals of honesty and integrity, FMLS strives to make each and every client a long term, ongoing relationship.

A municipal lien search will prevent problems for title transfer in a residential or. HOA Documents · FHA Condo Approval · Government Agency Contracts. residential or commercial real estate title resulting in a successful transaction for all parties.. Our municipal lien search service identifies all debts related to a property.