Baltimore Commercial Real Estate Title Insurance
MylesTitle – Helping You Close High Stakes CRE Transactions in Baltimore With Confidence
MylesTitle is Baltimore’s leading title insurance agency specializing in high-value commercial real estate (CRE) title insurance. We provide comprehensive services all in one place: from title search, examination, and underwriting, to escrow, settlement, recording, and policy issuance. We work with 7 major US underwriters, banks, brokers, appraisers, lenders, insurance companies, developers, and other industry-related professionals. If you are involved in purchasing high-stakes real estate used for commercial purposes, such as hotels, land, shopping malls, high-rises, and similar properties, we will guarantee safe and smooth closing transactions.
MylesTitle experts, led by Myles Lichtenberg, Esq., the founder and real estate attorney, has almost 45 years of experience with over $16 billion in closed commercial transactions, majority of which were. Working with us means securing your investments and having a peace of mind knowing skillful professionals are looking after you. For inquiries or to book your appointment, contact us here. Find out why we are the best commercial title insurance company in Baltimore.
High Value Commercial Real Estate Title Insurance in Baltimore
By definition, top valued commercial real estate represents a high-reward property, generating a lot of profits. These properties include industrial buildings, development lots, hotels, retail spaces, apartment buildings, etc. They have a lot of revenue potential; however, they also present a risky investment if you do not do due diligence prior to purchase. Since a lot of money is involved, you want a respectable and trustworthy company to handle the title search. MylesTitle staff is highly experienced in searching, resolving the issues, and issuing policies for large transaction amounts, cooperating with multiple parties, drafting complex lease arrangements, and managing massive documentation.
Commercial title policy is specific as it has quite a broad coverage. It includes extra endorsements like land-use and zoning certification, undisclosed liens, or prior ownership title defects.
Do I Have To Hire An Attorney For Commercial Real Estate Title Insurance In Baltimore?
In Baltimore (and the state of Maryland) you are not required by law to have an attorney handling the commercial closing process. However, lenders and investors opt to hire a title agency when closing huge commercial transactions in order to protect their interests and their large investment. All insurance agents are required to be licensed by the state of Maryland, which has set regulations through Maryland Insurance Administration (MIA). To conclude, it is best not to jeopardize the success and the future of your investment but to hire attorneys and purchase a title policy.
Full Scope Of Commercial Title Services At One Location
Commercial real estate title insurance serves to protect lenders and buyers from ownership disputes and defects in the title. With such a large investment, you want to hire a company with enough proficiency and competence to take care of all the complexities and intricacies of commercial real estate insurance. MylesTitle staff has ample experience and knowledge to handle commercial title insurance transactions.
- Residential & commercial title searches (including multi-state)
- Title examination
- Underwriting
- Escrow, settlement, and recording services
- Chain of title verification
- Federal, state & local searches (judgment & lien)
- Legal instruments recordation
- Location and ALTA/ACSM land (boundary) surveys
- Issuance of title insurance policies and endorsements (lenders & owners)
- Title insurance commitments, exceptions, and endorsements
- Uniform Commercial Code (UCC) search and insurance
- Obtaining zoning certifications
- Coordinating environmental assessment
- Deeds, deeds of trusts, mortgages, release of liens
- Easement agreements, loan and incumbency documentation
- Settlement statements
- Coordinating closings with all parties involved
- Closing and escrow services at preferred time & location (including weekends)
- Funding and disbursements
- 1031 exchanges
- Construction loan documentation and transactions
Types Of Commercial Properties In Our Portfolio
Commercial Real Estate (CRE) are properties that generate profit in the form of rent or capital gains. MylesTitle’s skilled team of underwriters, attorneys, paraprofessionals, and administrative personnel has successfully closed the following types of high-stakes CRE:
- Vacant Land (urban agricultural)
- Hospitality (hotels, motels, inns, B&Bs)
- Retail (shopping malls, outlets, power centers)
- Mid-rise and high-rise multi-family buildings
- Office buildings
- Mixed-use (nursing homes, healthcare facilities, theatres)
- Special purpose (data centers, schools, research centers)
- Industrial buildings (light and heavy manufacturing)
- Warehouses and self-storage centers
- Dealerships and showrooms
- And similar
WHAT WE BRING TO THE TABLE
Why Choose MylesTitle For High Stakes Commercial Transactions
Over the course of 45 years, we have established ourselves as a trustworthy, respectable and experienced company in high-stakes title transactions. If you are looking for title insurance for commercial property such as a shopping mall, high-rise building, infill land, or a hotel, choose us for a multitude of the advantages you will get to enjoy:
- Highly experienced in commercial title
- $16B+ in settled transactions
- Over 27,000 closings
- 45+ years of industry presence
- Boutique-style agency
- Nationwide presence, headquartered in Baltimore area
- Discretion guaranteed
- Online transactions
- Hispanic translators
- Pertinent memberships and licenses
“I’ve been using Myles Lichtenberg for real estate closings for most of my almost 20-year legal career. Myles is responsive, knowledgeable and efficient. Myles and his team have handled everything from multi-million-dollar complex commercial real estate deals, commercial and residential foreclosures and loan sales to common residential transactions.
Call Us for Commercial Title Insurance Quote in Baltimore
If you are seeking to purchase title insurance policy for a high-valued commercial real estate (CRE) in Baltimore, look no further than MylesTitle. Our proficient and committed team of attorneys, realtors, and underwriters go above and beyond to resolve any title issues and successfully close transactions. We collaborate with every party involved in the closing process, such as underwriters, attorneys, lenders, brokers, banks, developers, etc. Having such a large network of professionals working together ensures strong integration, flexibility, and unlimited resources. Hiring us means hiring a whole army of experts working on your behalf. Contact us at 410-458-8975 and speak with an attorney specializing in commercial closings in Baltimore. Alternatively, you can fill out contact form.
Frequently Asked Questions
What are the title insurance fees in Baltimore?
The exact amount paid depends on various elements like the value of the property, policy type (lender’s or owner’s), and the insurance company. Furthermore, apart from the insurance premium, additional fees might be applied during the closing process. Call us at 410-458-8975 and speak to one of our attorneys to get a pricing estimate.
Do you prepare settlement documentation (corporate and small business)?
Yes, we take care of all the necessary business documentation needed for commercial closings, including by-laws, operating agreements, transfers of licenses, buy-sell agreements, asset purchase and sale agreements, assignments of ownership/ membership interests and similar.
Does MylesTitle handle loan documentation?
Yes, we successfully take care of loan documentation related to commercial closings. Our scope of services covers all aspects of documentation including CRE purchases and financing, construction loans, land acquisition, lines of credit, business asset purchases, letters of credit, to name a few.
How long does CRE title search take in Baltimore?
Compared to residential, title search for commercial real estate is substantially more complex and requires careful and diligent search. As these types of real estate have a massive amount of public records and documentation, a chain of title has to be inspected thoroughly. The exact timeline depends on how extensive the chain of titles to be reviewed is and whether or not there are issues to be resolved.