Research
Our company has a working relationship with several banks and attorneys who rely on this service for loan closings or in the preparation of Title Opinions. We provide this service in conjunction with our due diligence efforts and as a separate service to clients who want to know if a seller's interest is encumbered. Additionally, we verify the seller's interest at the County, State, or Federal level by providing the Leasehold Working and Net Revenue Interests. We will locate and verify real property assets and interest owned by individuals, entities, and any assumed names for same. Our experience in the Courthouse enables us to conduct thorough research for hidden interests or provide asset/interest verification.
Lien and Asset Searches
LandSmith Petroleum Resources, Inc. provides a complete search of the County, State and Federal records verifying unreleased Deeds of Trust, Financing Statements, Lien Affidavits, Mechanics & Materialmen's Liens, Federal Tax Liens, State Tax Liens, Notice of Lis Pendens, Abstracts of Judgment or Uniform Commercial Code Filings affecting the property. Our research includes an examination of the records at the County and City Tax Offices to verify unpaid Ad Valorem taxes affecting a property. We also check the County and/or District Court Clerk's Office for pending District Court suits, bankruptcy proceedings or County Court suits filed. Additionally, if the owner is not the operator, we research the lien status of the operator.