Buying property is a significant financial and emotional investment. Amidst the excitement of owning a home or commercial space, one critical step often overlooked is the title search. This process ensures that you acquire a property free of legal complications and disputes, giving you peace of mind and safeguarding your investment. What is a Title? In real estate, a title refers to the legal right to own and use a property. It acts as evidence of ownership and is integral to validating that the seller has the legal authority to sell the property. Without a clear title, buyers risk facing potential legal battles or even losing the property. Certificate of Title in Real Estate A Certificate of Title in Real Estate is an official document issued by the government or an authorized entity. It serves as proof of ownership, detailing critical information such as the property owner’s name, property boundaries, and any registered encumbrances like mortgages or liens. Reviewing this document is...
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