Preliminary Title Report is a real estate term you will encounter when buying or selling a home in Ventura County. This page gives you a plain-English definition and explains why it matters.
What it means
The prelim is an offer to issue title insurance subject to the items it lists. It lets the buyer and lender review recorded liens, taxes, easements, and restrictions before closing. Reviewing the prelim helps identify anything that must be cleared or addressed before title can transfer cleanly.
Why it matters to buyers and sellers in Ventura County
For Ventura County buyers, the preliminary title report is a key document to review during the contingency period. It reveals easements or liens that could affect use or value. Brian helps buyers review the prelim and flag items worth investigating before removing contingencies.
Frequently Asked Questions
What is in a preliminary title report?
It lists the current owner, recorded liens, property taxes, easements, restrictions, and other matters affecting title, along with the conditions for issuing title insurance.
When do I receive the prelim?
The preliminary title report is typically provided early in escrow so you can review it during your contingency period.
What if the prelim shows a lien?
Liens generally must be paid off or otherwise resolved before clear title can transfer. Your escrow and title teams coordinate clearing such items.
