Commercial Title Insurance
Typically dealing with larger amounts of money, commercial real estate is more intricate and title coverage is more complicated. Due to the nature of the transaction, there are more parties involved, typically a sellers attorney, buyers attorney and lenders attorney. Additionally a title search and examination relating to commercial real estate transaction can be integral part of the due diligence phase. Pacific Alliance Title has separate fees for each transaction and specific endorsements tailors to the need of both the buyer and lender.
After a complete evaluation of the title report is established. We will work diligently to clear all liens, judgments, any other discrepancies that can appear within the title report. While ensuring transparent communication with clients on updates on the progress of their transaction.
Preparing the final ledger breakdown of fees for both parties individually based on terms set forth in the initial Purchase and Sale Agreement. To increase the productivity of the transaction, all of our Escrow Officers in Yakima are LPOs (Limited Practice Officers), passed by the Washington State Board Association, certified to prepare and execute legal documentation in order to sell, transfer or refinance real property. Our Escrow Officers will schedule prompt signing appointments individually for buyers and sellers and notarize all documentation at signing. We provide a secure exchange of earnest money and closing funds between parties.