A title company is a business that plays a crucial role in real estate transactions. Its primary function is to verify the ownership of a property and ensure that there are no legal issues, such as liens or claims, that could affect the sale. The title company conducts a thorough search of public records to confirm that the seller has the right to sell the property. Once the ownership is verified, the title company also provides title insurance. This insurance protects the buyer and lender from any future claims against the property that may arise after the purchase. Overall, title companies help facilitate smooth and secure real estate transactions.