Title Report

A Title Report is a document that outlines the legal ownership of a property. It details who owns the property, any existing mortgages, liens, or claims against it, and any restrictions on its use. Essentially, it serves as a history of the property's title, ensuring that the seller has the right to sell it and that the buyer will receive clear ownership without unexpected issues. Title Reports are crucial during real estate transactions, helping to protect both buyers and lenders from potential legal problems related to property ownership.