Title Search

Title Search is the process of examining public records to verify the legal ownership of a property and identify any existing liens, encumbrances, or other claims that may affect the property’s ownership.

Title search is indeed the process of reviewing public records to determine the legal ownership of a property and uncover any potential issues or claims that could impact the property’s ownership rights. It is an essential step in real estate transactions to ensure that the property being bought or sold has a clear and marketable title.

During a title search, various public records are examined, including deeds, mortgages, tax records, court records, and other relevant documents. The goal is to trace the history of the property’s ownership and identify any potential problems such as outstanding liens, judgments, easements, or other encumbrances that could affect the transfer of ownership.

The title search is typically performed by a title company, attorney, or a professional known as a title examiner. Once the search is complete, a title report or abstract is generated, which provides a summary of the findings. This report is crucial for buyers and lenders as it allows them to make informed decisions about the property and take necessary steps to resolve any issues before completing the transaction.

By conducting a thorough title search, buyers can ensure that they are acquiring a property with a clear title, free from undisclosed claims or encumbrances. Additionally, lenders require title searches and title insurance to protect their financial interests in the property.