What is the primary purpose of a title search in real estate?

The primary purpose of a title search in real estate is to verify ownership and identify claims. A title search is a detailed examination of public records to establish the legal ownership of a property. This process helps in revealing any encumbrances, such as liens or easements, that may affect the property’s title. Ensuring that a property is free of issues that could cloud its title is essential for buyers, as it provides protection against future legal complications regarding ownership and rights to the property.

By confirming the legitimacy of the current owner's rights and uncovering any potential claims from third parties, a title search plays a critical role in facilitating a smooth transaction. It helps ensure that the buyer receives a clear title, which is essential for securing financing and ensuring that no unexpected claims are made against the property after the purchase.