With nearly 11 million residents, Georgia is the eighth most populous state in the United States. Atlanta, the state’s capital, contains more than half of the entire state of Georgia’s population. The Peach State is known for its favorable climate, natural wonders and southern hospitality.
A residential or commercial title search in Georgia will include the following information:
Type of Search |
Cost |
---|---|
O&E Report (Residential) |
$55.95 |
Two Owner Search (Residential) |
$99.95 |
30-Year Search (Residential) |
$150.00 |
Title Update |
$35.00 |
Commercial O&E Report |
$175.00 |
Chain of Title Search |
$75.00 |
In Georgia, the security instrument for real estate is typically called either a “Deed to Secure Debt” or “Security Deed.”
Unlike most places, foreclosure proceedings are not recorded in Georgia. You will not see documents such as Lis Pendens, Notice of Default or Notice of Sale on a title search in Georgia. Generally, the only foreclosure related document that will be recorded is the foreclosure deed which is typically called a Deed Under Power. The term “Deed Under Power” is derived from the power of sale clause found in the underlying mortgage instrument. The borrower gives the lender power to sell the property in the event of borrower’s default under the terms of the note or security instrument.
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