title search
A title search is a process used to verify the legal ownership of a property. It involves examining public records to ensure that the title is clear, meaning there are no liens, claims, or disputes against it. This step is crucial when buying or selling real estate, as it helps protect both parties from potential legal issues.
During a title search, professionals, often called title examiners, look for documents such as deeds, mortgages, and tax records. They aim to confirm that the seller has the right to transfer ownership and that the property is free from any encumbrances that could affect the buyer's future use of the property.