Wondering what the difference is between a Guaranteed Search, Title Search and Historic Title? If you don’t know whether to order a Guaranteed Search, Title Search or Historic Title, this article explains the difference between each type of title document.
Here is a summary from that article, showing the differences between the different types of title:
Guaranteed Search
This is a Guaranteed copy of the Title consisting of:
- The Current Title
- The Title Diagram (if available)
- Details of any pending transactions
- The Title view and Title diagram or the Supplementary Record Sheet if it is a Unit Title
The Guaranteed Title is used when transferring ownership of a property to ensure that there are no transactions about to be lodged against the Title.
Title Search
The Title Search displays:
- The Computer Register current Title
- Diagram – a simple diagram of the deposited plan, usually including area and dimensions of the property.
This document provides details of current ownership and memorials currently registered against the Title. Also includes a diagram (if available). This would be used if a Guaranteed Title was not available – i.e. if the Title has been cancelled, or it is a deed of easement which is not a title type that can have a guarantee.
Historic Title
The Historic Title displays both current and historic information relative to the Title and consists of:
- The current Title (without diagram)
- Historic information (listing prior owners and cancelled memorials)
- A scanned image of the original paper Title (if applicable)
This document is a useful tool for researching prior interests in a property Title.
For a more comprehensive list of the difference between each type of title document, visit this article.