What is verified during a title search in real estate transactions?

During a title search in real estate transactions, the primary focus is on verifying ownership rights and identifying any liens attached to the property. This process entails a thorough examination of public records to establish a clear chain of title, ensuring that the seller has legal authority to transfer ownership.

Additionally, the title search uncovers any encumbrances, such as mortgages, judgments, or other claims against the title that could impact the buyer's use or ownership of the property. By confirming these aspects, the title search helps protect both the buyer and lender from potential legal issues that may arise in the future regarding the ownership or rights associated with the property.

Verification of ownership rights and the existence of liens is a critical step in mitigating risks in real estate transactions, ensuring that transactions are conducted smoothly and with legal assurance for all parties involved.