Title Examination is a comprehensive review of public records conducted to verify a property's legal ownership and determine whether the title can be transferred free of defects. The process involves examining deeds, mortgages, judgments, liens, easements, probate records, tax records, and other recorded documents to establish a clear chain of title and confirm ownership rights.
During the examination, title professionals identify any outstanding issues that may affect the property's marketability, including liens, encumbrances, unresolved claims, ownership disputes, recording errors, or legal restrictions. The findings help buyers, lenders, and title insurers assess potential risks and ensure that any title-related issues are addressed before closing.
By providing a clear understanding of a property's ownership history and legal status, Title Examination plays a critical role in facilitating secure and successful real estate transactions.