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Located in Colby, KS     785-460-1858

Title and Abstract Services

Professional Title and Abstract Services

Your Experts on Titles, Escrow Closings, and Abstracting

Rely on our locally owned and operated Quality Title & Abstract for a complete range of title, escrow closing, and abstracting solutions. We truly believe in providing exceptional services. As Colby, KS, natives, we are dedicated to helping clients throughout Colby and most of Northwest KS with honesty, integrity, and quality.

Contact us today for additional information or to discuss your needs. Thanks to our many years of experience and training, you can rely on our experts for effective solutions that meet your unique needs. All calls are returned within 24 hours. Same-day and next-day services are available whenever possible.

Understand Titles and Title Insurance

A title is the evidence of right, which a person has ownership and possession of land. Title insurance is used to protect either an owner or lender against loss if a property ownership dispute arises. A defect in that title can be any legal right held by someone other than the owner to claim property or make demands on the owner of that property.

To get a better understanding, let us go over how title insurance works. Before title insurance is issued to the new owner or a lender who will be issuing a mortgage on the property, we need to conduct a title examination of the property.

This examination includes searching public documents such as prior deeds, encumbrances, tax records, court judgments, and both federal and state records. We look at items like prior mortgages, mineral interests, ownership interests, judgments, liens, easements, special taxes, and other items that could affect the status and marketability of the title.

Once we complete our search, the agent issues a title commitment that reflects any outstanding items or items of concern that must be addressed before clear title and final policy is issued.

The final title policy is an assurance to the landowner that all rights of ownership comes to them at the time of purchase of the property and remain with them for the duration of their interest in the property. If the landowner encounters a defect with the title, the insurance policy is in place to protect their interest.

Learn More About Escrow Closing

It is the responsibility of an escrow closer to hold all legal documents and funds on behalf of the buyer and seller and distribute them according to the buyer's, seller's, and lender's instructions. Normally, the escrow closer is a neutral third party.

The escrow closer can help assure that requirements for a clear title are met and that outstanding liens, judgments, mortgages, and taxes are all paid in full. It is the closer's responsibility to release funds to the appropriate party. This ensures payment is received.

The escrow closer follows instructions on written documents. These instructions are typically in the real estate sales contract that is signed by all interested parties, and instructions from the lender if there is one involved in the case. The instructions direct the escrow closer to the specific steps that must be completed in order to close the transaction.

Fees for services provided by the escrow closer may be obtained by contacting that closer.
Real estate

Find Out More About Abstracting

Abstracting is an examination of the title of the property from the beginning to the last recorded document. This examination of title includes a search of public documents such as prior deeds, encumbrances, tax records, court judgments, and both federal and state records.

Your agent will look for items such as prior mortgages, mineral interests, ownership interests, judgments, liens, easements, special taxes, and more matters that could affect the status and marketability of a title.
Call Quality Title & Abstract Inc.
785-460-1858
Locally Owned and Operated Since 2009

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