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, against it. This process is known as a title search, which helps protect buyers and lenders from potential disputes over property ownership. In addition to conducting title searches, a title company also provides title insurance. This insurance protects the buyer and lender from financial loss due to defects in the title that may arise after the purchase. Overall, title companies help facilitate smooth real estate transactions by ensuring clear ownership and providing necessary protections.