Standards rise for real estate transfers

First Posted: 1/29/2015

LIMA — Those who want to purchase a new piece of real estate will have another set of eyes on their paperwork, Sara Morrisey said.

Morrisey, Geographic Information System Technician and surveyor with the Allen County Tax Map Office, said the standard for the conveyance of real property has been revised to create a checks and balances-like system.

The Allen County Engineer and the Allen County Auditor’s offices have collaborated to make updates to the standards. Morrisey explained the changes to the Allen County Commissioners Thursday.

Morrisey said those purchasing or selling the property will likely not notice a change in the process, but there will be more behind-the-scenes work for officials.

For interested parties, there was no prior cost for this process, and there is no cost now.

Beginning Monday, largely basic information included on a deed will become required in order to begin the process of a real estate transfer such as “quality of the document” and “specific items that are generally on the deeds already,” Morrisey said.

The second portion of the conveyance is “how the conveyances are treated” given the different situations or guidelines for the transfer of property. This portion largely effects attorneys and how the deed is prepared, Morrisey said.

The third section in the updated standard applied to how the property is surveyed.

“That lists the requirements that the county has in place for what the surveyors have in their descriptions and their plats,” Morrisey said.

The improvements for the standards are aimed to improve documents over time.

Other counties in Ohio have made these changes, and Allen County is following suit, Morrisey said.