MemotivaReal Estate Exam: Title Transfer, Deeds, Recording, Title Insurance, Closing

What is a title search and what does it reveal?

Real Estate Exam: Title Transfer, Deeds, Recording, Title Insurance, Closing

Audio flashcard

loveToo·

A title search is an examination of public records to determine the legal ownership of a property and identify any claims, liens, encumbrances, easements, or defects that affect title. The search traces the chain of title through recorded deeds, mortgages, court judgments, tax records, and other documents. It reveals whether the seller has the legal right to convey, whether any outstanding liens must be paid at closing, whether any easements or restrictions limit use, and whether any title defects exist.
consumerfinance.gov