Title Search
A title search is a process used to verify the legal ownership of a property. It involves examining public records to identify any claims, liens, or encumbrances that may affect the property. This ensures that the seller has the right to sell the property and that the buyer will receive clear ownership upon purchase.
During a title search, professionals often look for documents such as deeds, mortgages, and tax records. This helps to uncover any potential issues that could arise after the sale, protecting both the buyer and the lender. A successful title search is crucial for a smooth real estate transaction.