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Title Companies

Title companies issue formal legal notices of transfer of property and serve as an objective third party between the two parties of a real estate transaction. The most common type of title company is a real estate title company. These companies assist the buyer and seller in transferring the title from one to the other.

Title companies assist clients with many different types of transactions. Homeownership transactions are often between consumers. However, there are other types of property transfers. For example, in areas like Virginia and Maryland transfers occur between government agencies because there is so much property near Washington DC that gets exchanged.

Title companies also assist in business-to-business purchases. When one company acquires another, legal documents need to be created for transfer of assets. This includes real estate.

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