What is a Property Title Search?
A Property Title Search is a process of retrieving all associated documents using owners name, address or parcel number. There are many sources for associated documents, such as local county clerk's office, county recorder's office, county tax collector office, IRS, etc. Once the documents are retrieved, an examiner reviews them to make sure title to the property you are buying is clear of defects, has access, and meets all requirements to qualify for insurance.
If the examination uncovers a title defect, corrective action will have to be taken before the sale will close.