O&E Report

Send to friend

Watch the Video (about 2 min)

Ownership & Encumbrance reports commonly referred to as an O&E are a snapshot of current ownership and encumbrances posted against the property. Encumbrances are shown as unreleased, as well as judgments, bankruptcies and other liens against names of parties in title.

O&E reports will pick up any unreleased judgments, bankruptcies and liens posted against the current vested owner names. These will not always be against the actual owner, rather sometimes are against a party with a similar name.

Title Companies usually do not apply the same examining processes that go into production of a title commitment. This means that they will not take any underwriting or business decisions into account that may exclude an open encumbrance. O&E Reports do not apply any judgment research processes, or make any calls to determine whether the judgment or bankruptcy that is picked up is actually the party in title. This is a snapshot of what affects the property and what results from a name search.

Unpaid property taxes are not included in O&E Reports. A tax certification provides current status of property tax payments.