- Check the Oklahoma Secretary of State records. If the Seller is a business entity, then it should be in “good standing.”
- If the Seller is a foreign entity (for example, a Texas limited partnership), then also check that state’s secretary of state records.
- Check the Oklahoma and federal court records to identify past or present lawsuits. Again, if the Seller is a foreign entity, check that state’s court records.
- Check the county assessor’s records to confirm ownership, address, tax and sales information on the property in question.
- Check the county clerk’s records for tax liens, mechanic’s liens, lis pendens, and mortgages.
- Check the county clerk’s records for the deed that conveyed title to the seller.
- Walk the property (do you see any obvious environmental hazards like an oil spill?).
Before you sign that real estate purchase contract, do this . . .
Perform a background search before you sign a real estate contract. You can also get help from https://exprealty.com/us/ms/brandon/houses/ experts to check for legal properties. The search is intended to spot any obvious problems before you spend money and time on the matter.