What Title Agencies and Real Estate Agents Need to Know
Recent reports of drone activity across Monmouth County have caught the attention of law enforcement, state, and federal agencies. While authorities assure the public that there is no known threat to safety, the issue has raised questions that could impact real estate transactions and property owners.
The Situation at a Glance
Monmouth County Sheriff Shaun Golden is coordinating with state and federal law enforcement partners following multiple drone sightings reported in municipalities throughout the county. These sightings have occurred along the Bayshore Region, the Atlantic Coast, and interior sections of the county. Sheriff Golden emphasized, “There is no known threat to public safety.”
In North Jersey, reports of drones described as large as small cars, often flying in formations of three or more, have heightened concerns. Some incidents near sensitive areas, like the U.S. Army Picatinny Arsenal, have prompted further investigations. Federal agencies, including the FBI and New Jersey State Police, are urging the public to report suspicious drone activity through their hotline.
Implications for Title Agencies
Airspace Rights: Property owners may have questions about drone activity above their properties. While airspace is federally regulated, title professionals can provide clarity on property boundaries and rights.
Liability Concerns: Drones hovering near residential or commercial properties may raise issues about liability. Agencies should ensure clients understand insurance coverage related to drone activity.
Neighborhood Appeal: Repeated drone activity could affect a neighborhood’s desirability, which in turn might influence property values and marketability. Staying informed about such trends can aid clients during transactions.
Real Estate Agents: How to Address Client Concerns
Communicate Reassurance: With no current safety threat, agents should relay law enforcement’s findings to alleviate client concerns. Sharing verified updates demonstrates professionalism and builds trust.
Highlight Privacy Protections: Buyers and sellers may worry about privacy. Agents can guide clients toward resources or legal advice to understand their rights concerning drone overflights.
Emphasize Secure Features: Properties equipped with security systems or positioned in low-traffic areas may become more attractive to clients concerned about drone activity.
Monitor Impact on Transactions: In areas with repeated sightings, some clients might hesitate to proceed with transactions. Proactively addressing these concerns ensures smoother negotiations.
Staying Proactive
For title agencies and real estate professionals, understanding the broader context of drone activity is key. Collaborating with local law enforcement and staying informed about developments will ensure you’re prepared to address any client inquiries effectively. By doing so, you help maintain confidence in the market while fostering stronger relationships with property owners and buyers.
If you have any questions about this information or title insurance, please contact Ralph Aponte: 732.914.1400.
Counsellors Title Agency, www.counsellorstitle.net, founded in 1996, is one of New Jersey’s most respected title agencies, serving all 21 New Jersey counties with title insurance, clearing title, escrow, tidelands searches, and closing and settlement services for commercial or industrial properties, waterfront properties and marinas, condominiums, townhouses or residential single-family homes. Counsellors Title also features its own Attorney Settlement Assistance Program™ [ASAP], which is an individual resource customized to fit the needs specifically of real estate attorneys, including, Documentation, Preparation, Disbursement of Funds, Attendance at Closing, HUD Preparation or Post-Closing Matters.
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