Multifamily properties require specialized title work that accounts for tenant leases, HOA documents, and complex ownership structures. 1st Option Title handles apartment complexes, duplexes, and all multifamily transactions.
Multifamily title searches must account for existing tenant leases, property management agreements, service contracts, and potentially multiple parcels of land. We review all of these to ensure clear title.
Multifamily closings involve prorating rents, security deposits, and CAM charges. We handle all prorations and coordinate with property managers to ensure accurate transfer of all tenant-related obligations.