Real estate shredding services involve the destruction of sensitive documents and information related to real estate transactions. This can include documents such as deeds, mortgage agreements, closing documents, and title reports. The goal of real estate shredding is to protect the privacy of the parties involved in the transaction and to ensure compliance with regulations such as the Real Estate Settlement Procedures Act (RESPA) and the Fair Credit Reporting Act (FCRA).
Real estate shredding services can include on-site or off-site shredding, destruction of electronic media and certifications of destruction. It’s important to work with a reputable, certified shredding company that has experience with handling real estate-related documents and understands the legal requirements for their destruction.
Many real estate companies, property management, and title companies are also obligation to keep their client information private and also to comply with legal obligation regarding their client’s information.