What is a title search used for?

A title search serves a fundamental role in real estate transactions by confirming legal ownership of a property. This process involves examining public records to establish the rightful owner and to identify any claims, liens, or encumbrances that may affect the property's title.

By conducting a title search, buyers, sellers, and lenders can ensure that the title is clear and that there are no unresolved legal issues that could lead to disputes or financial loss. Identifying outstanding mortgages, easements, or potential claims from third parties is crucial for ensuring a smooth transaction and protecting the interests of all parties involved.

The other options, while relevant to real estate, pertain to different aspects of property evaluation rather than the specific function of a title search. For instance, assessing property value connects to appraisals, zoning regulations deal with land use laws, and evaluating structural conditions concerns property inspections.