DEUEL COUNTY ABSTRACT COMPANY

As the only abstracting company in the county, Deuel County Abstract Company has a long, distinguished history that began in 1889, when the company was founded. Since then, the company has stayed ahead of the technology curve. Today, we are affiliated with First Dakota Title - Watertown, and a member of The Title Resource Network, which means we're meeting the needs of customers more quickly and accurately than ever before.

1031 Tax Deferred Exchanges:

A transaction that allows you to roll-over all of the proceeds received from the sale of an investment property into the purchase of one or more other like-kind investment properties. At closing, proceeds are transferred to a third party, typically referred to as a Qualified Intermediary (such as the Title Resource Network), who holds them until they are used to acquire the new property.

A 1031 exchange is often referred to as a Starker exchange.

Title Insurance:

Your policy of protection against loss should a "hidden hazard" (fraud and forgery, defective deeds, mental incompetence, confusion due to identical names and clerical errors) in the records result in a claim against your ownership of property, even after a thorough title search has been completed.

Escrow Services:

A method of closing a real estate transaction in which all required documents and funds are placed with a third party (such as the Title Resource Network) for processing and disbursement.