• Illinois Abstract Service:

    Ownership/Lien Search Manual

    A key element of any due diligence report in real estate is carrying out an “Ownership and Lien Search”. Ownership and Lien searches disclose underlying risks that may affect the value of the land. Without investigating and understanding any potential tax liability, the property might have sold taxes and these could be taken at a tax sale. Without understanding open liens, the property might be subject to a Mechanics Lien, affecting the title. A name search might even reveal a Federal Tax Lien - Federal Liens not only attach to the person(s) listed, but also, to their subject property.


    Download Illinois Abstract Service Ownership/Lien Search Manual. Contact us for your due diligence reports, we specialize in Cook County Ownership & Lien Search Reports.

All Posts