Intro to Real Estate Economics
A title search is a process of examining public records to determine the legal ownership of a property and to identify any claims, liens, or encumbrances that may affect the title. This process is crucial during real estate transactions as it ensures that the seller has the right to sell the property and that the buyer can obtain clear ownership without any hidden issues. Title searches help prevent future disputes over property ownership and clarify any potential risks involved in a real estate deal.
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