title company
A title company is a business that helps facilitate real estate transactions by ensuring that the title to a property is legitimate and free of any liens or claims. They conduct thorough research to verify ownership and provide title insurance, which protects buyers and lenders from potential disputes over property ownership.
In addition to title searches and insurance, title companies often handle the closing process of a real estate deal. This includes preparing necessary documents, managing funds, and ensuring that all legal requirements are met before the property officially changes hands.