Top 10 important words and phrases for Title Searchers

Top 10 important words and phrases for Title Searchers Introduction to Title Searching Hello students! Today, we're diving into the world of title searching. It's a vital process in real estate transactions, ensuring the buyer gets a clean and marketable title. Let's start with the basics. 1. Title Search A title search is a comprehensive examination of public records to verify the property's ownership history, liens, and encumbrances. It's the foundation of a secure transaction. 2. Deed A deed is a legal document that transfers the property's ownership from one party to another. It's crucial to review the deed's content and ensure its validity. 3. Lien A lien is a claim on the property by a creditor, often due to unpaid debts. It can affect the property's marketability and must be addressed before the sale. 4. Encumbrance