What is the primary objective of a Title Search?

What is the primary objective of a Title Search?

• A. Verify Ownership
• B. Establish Relative Value
• C. Determine Zoning
• D. Calculate Property Taxes

Answer: (A)

The primary objective of a title search is to verify who owns the property and to uncover any claims or encumbrances that could affect that ownership. By reviewing recorded documents—deeds, mortgages, liens, judgments, easements, and restrictions—the title examiner establishes the chain of title and identifies gaps, defects, or outstanding claims. This ensures there is a marketable title that a lender will insure and a buyer can actually receive clear ownership at closing. Establishing relative value is the role of an appraisal. Determining zoning is done by the municipality and shown in zoning ordinances and maps, and calculating property taxes is handled by tax assessors and billing authorities. A title search may reveal tax liens or restrictions, but it does not set value, determine zoning, or calculate taxes.

The primary objective of a title search is to verify who owns the property and to uncover any claims or encumbrances that could affect that ownership. By reviewing recorded documents—deeds, mortgages, liens, judgments, easements, and restrictions—the title examiner establishes the chain of title and identifies gaps, defects, or outstanding claims. This ensures there is a marketable title that a lender will insure and a buyer can actually receive clear ownership at closing.

Establishing relative value is the role of an appraisal. Determining zoning is done by the municipality and shown in zoning ordinances and maps, and calculating property taxes is handled by tax assessors and billing authorities. A title search may reveal tax liens or restrictions, but it does not set value, determine zoning, or calculate taxes.