What is a Tideland Report and Why Do Title Agencies Need It?
When navigating the world of real estate transactions, title agencies play a crucial role in ensuring that properties are free from legal disputes and that all the necessary documents are in order. One essential component of the title review process, especially for properties located near water, is the Tideland Report. This report is vital in determining the legal status of land along tidal waters, and it provides crucial information that title agencies need to protect both buyers and sellers in real estate transactions.
The Importance of Tidelands Searches for NJ Real Estate
Tideland searches are an essential piece of the real estate settlement process. In many cases, the State of NJ allows individual property owners to buy, rent or lease Riparian Lands, issuing a Tidelands instrument. Understanding if a property is claimed by the NJ DEP is extremely important.
The information provided is for informative purposes only and is not intended to be legal advice or a legal opinion. For legal advice, please consult an attorney.
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