Title Examination
Title examination is the process of reviewing the legal history of a property to ensure that the title is clear and free of any claims or liens. This involves checking public records, such as deeds and mortgages, to verify ownership and identify any potential issues that could affect the transfer of the property.
The goal of title examination is to protect buyers and lenders by confirming that the seller has the right to sell the property. If any problems are found, such as unresolved debts or disputes, they must be addressed before the sale can proceed, ensuring a smooth transaction for all parties involved.