What is a Title Search Date?
A title search date is noted on the Agreement of Purchase and Sale. It is the deadline that the buyers have to conduct off title and on title searches concerning their transaction to ensure that are no outstanding work orders, liens or encumbrances, restrictions, or any use of property issues that are affecting the property. In a purchase transaction the caveat “buyers beware” is of utmost importance. Buyer needs to be aware of issues that can be disclosed by a title search surrounding the nature of the transaction. At Everstone Law Professional Corporation, Real Estate Lawyer in Mississauga will guide and assist you with your transaction so that you are protected