Resources — AG Title | Closing FAQs & Real Estate Glossary

Question 1

What is title insurance and do I need it?

Accepted Answer

Title insurance protects you from financial loss if a problem with the property's title is discovered after closing — such as unpaid liens, ownership disputes, or recording errors. An owner's policy is a one-time premium that protects you for as long as you own the property. While it's not always legally required, it's strongly recommended for buyer.

Question 2

What happens at closing?

Accepted Answer

At closing, you'll review and sign all the documents that transfer ownership of the property to you. This includes the deed, loan documents (if financing), and settlement statement. Our team walks you through each document so you understand exactly what you're signing. The process typically takes 30–45 minutes.

Question 3

What do I need to bring to closing?

Accepted Answer

You'll need a government-issued photo ID or Passport.  Cashier's check (or wire transfer confirmation) for any funds due at closing. We'll send you a detailed checklist ahead of time so there are no surprises.

Question 4

How long does the closing process take?

Accepted Answer

From the time a contract is signed to the closing date, the process typically takes 30–45 days for a financed purchase. Cash transactions can often close in as little as 14 days. We work closely with all parties to keep things moving on schedule.

Question 5

Can I close remotely?

Accepted Answer

Yes. AG Title offers remote closing options including remote online notarization (RON) and mail-away closing packages. If you can't be present in person, we'll coordinate everything so you can close from wherever you are.

Question 6

What does a title company do for the client?

Accepted Answer

AG Title works to clear your title of any outstanding liens, judgments, or encumbrances before closing. We prepare the deed, coordinate payoff of your existing mortgage, and ensure the proceeds are disbursed accurately and on time.

Question 7

What is a title search and why does it matter?

Accepted Answer

A title search is a review of public records to trace the history of ownership on your property. It identifies any issues — unpaid taxes, liens, easements, or competing claims — that could delay or derail your sale. We resolve these issues before closing so the transaction goes smoothly.

Question 8

What is a quitclaim deed?

Accepted Answer

A quitclaim deed transfers whatever ownership interest the grantor has in a property — without any warranties. It's commonly used for transfers between family members, adding or removing a spouse from title, or correcting a name on a deed. It does not guarantee clear title the way a warranty deed does.

Question 9

When will I receive my proceeds?

Accepted Answer

In most cases, proceeds are disbursed on the day of closing or the next business day, depending on when funds are received and confirmed. We keep you informed throughout the process so you know exactly when to expect your funds.

Question 10

How do I open a new order with AG Title?

Accepted Answer

You can open a new order by calling our office at 479-267-4500, or by submitting an inquiry through our Contact page. We'll need the purchase contract, buyer and seller information, and lender contact details if applicable. Our team will confirm receipt and get the process started right away.

Question 11

What is a 1031 exchange and how does AG Title help?

Accepted Answer

A 1031 exchange allows an investor to defer capital gains taxes by reinvesting the proceeds from a sold property into a like-kind replacement property. AG Title coordinates with your qualified intermediary, manages the escrow of exchange funds, and handles the closing on both the relinquished and replacement properties.

Question 12

Do you handle closings in counties outside Washington County?

Accepted Answer

Yes. AG Title serves most counties throughout Arkansas. Contact us with your transaction details and we'll confirm coverage for your specific location.

Question 13

What is a beneficiary deed?

Accepted Answer

A beneficiary deed (also called a transfer-on-death deed) allows a property owner to designate who will receive the property upon their death — without going through probate. It's a useful estate planning tool that takes effect only at death and can be revoked at any time during the owner's lifetime.

Everything you need to know about closing

Common questions, straight answers

Real estate closing glossary

Abstract of Title

Chain of Title

Clear Title

Closing Disclosure

Deed

Earnest Money

Encumbrance

Escrow

Lien

Title Commitment

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