ServicesWorking hard for you is our source of pride.

To order any of the following services, visit our Applications page. Requests can also be faxed to 218-847-0029 or sent via email to cac@cactitle.com.

Abstract Services

  • New Abstract
  • Stub Abstract
  • Registered Property Abstract
  • Amend Abstract
  • Continuation/Update Abstract
  • Recording Documents
  • Document Retrieval
  • Owner's & Encumberance Report
  • Tract Search
  • Property Report
  • Name Search
  • Preclosing Public Records Search

Title Services

  • Residential, Commercial & Agricultural Settlement Services
  • 1031 Tax Deferred Exchange Services
  • Witness Closings
  • Property Inspections
  • Contract for Deed Closings
  • Escrow Services
  • Title Insurance
  • Construction Disbursing & Inspection Services

In addition to offering closings in our Detroit Lakes office, we will also travel to provide closing services in our client's location.

Definition of services

Title Insurance:

Title Insurance is an insurance policy that protects your legal rights to own, possess, use, control, and dispose of land. It is your policy against a loss in the event of a hidden title defect (defective deeds, fraud, forgery, clerical errors, etc.). We issue both Mortgagee and Owners Title Insurance commitments & policies.

Note: We give re-issue credits for property that has been previously insured with Title Insurance even if we were not a part of the original closing.

Closing/Settlement Services:

A closing is a meeting among all parties in a real estate transaction. All legal papers are signed and financial arrangements are made final and binding at closing. A closing is also known as a “settlement service”. We use positive pay to protect our clients' funds.

Escrow Services:

Escrowed funds are set aside in a trust account to provide the assurance that title correction and/or other conditions of the transaction will be completed in the event they cannot be finalized prior to the closing date.

1031 Tax Deferred Exchange Services:

A 1031 exchange allows you to defer the payment of capital gains taxes associated with real estate transactions. When entering into a Section 1031 tax-deferred exchange, the IRS requires that the proceeds from the sale of your old (Relinquished) property be held by a Qualified Intermediary (QI) until you buy your new (Replacement) property. In a typical transaction, the property owner is taxed on any gain realized from the sale. However, through a Section 1031 Exchange, the tax on the gain is deferred until some future date. Our office acts as a qualified intermediary in these transactions.