Title Companies Near Ely, MN

A title company does an “abstract of title” - they will search the real estate records in the county where property being purchased is located, then produce an abstract of title - a written history of all the recorded documents and proceedings related to a specific property. An abstract will (1) determine the legal owner of the property; (2) reveal any mortgages, liens, judgments, or unpaid taxes that will have to be satisfied before the property is conveyed; and (3) detail any existing easements, restrictions, or leases that affect the property.

After the abstract is completed, the title company issues a “title opinion letter”, or if a title insurance policy is to be issued on the property, it prepares a “Commitment of Title Insurance” to the lender and/or the prospective buyer. The title opinion letter and the title insurance commitment will each set forth everything that need to be completed and problems that need to be corrected before the buyer can receive “good title”. The title insurance company completesall the necessary documents and undertakes to correct any problems.

Following is a list of title companies in and near Ely, MN.

Northeast Title Company
218-365-5256
107 E. Camp St.
Ely, MN 55731


Canoe Country Title
218-365-5551
218-365-5866 (fax)
P.O. Box 240
8 N. Central #1
Ely, MN 55731