What is the purpose of a title search?

The primary purpose of a title search is to verify legal ownership of a property and identify any existing liens, claims, or encumbrances against it. This process ensures that the seller has the right to sell the property and that the buyer will receive clear title upon purchase. A title search involves a thorough examination of public records, such as deeds and mortgages, to trace the property's ownership history and uncover any potential issues that could affect the new owner's rights. By identifying liens, such as unpaid property taxes or loans secured by the property, the title search helps protect buyers from future disputes and financial liabilities related to the property's title. This process is crucial for ensuring a smooth transaction and safeguarding property rights.