What is the purpose of a title plan?

The purpose of a title plan is to visually represent property boundaries and details. This plan provides a graphical depiction of the extent of a property, showing its exact borders and features, such as any easements or rights of way that may affect it. A title plan is critical in real estate transactions as it helps identify the land being conveyed and clarifies issues such as encroachments or adjoining properties.

Visual representation allows stakeholders—including buyers, sellers, and legal professionals—to understand the spatial dynamics of the property, which is essential for ensuring that the rights conveyed in a title deed are clear and that there are no disputes regarding land ownership or use. The precision and clarity provided by a title plan help facilitate smooth transactions and legal processes related to property ownership.

The options relating to financial obligations, zoning laws, and historical ownership do not capture the primary function of a title plan, which is specifically focused on the physical characteristics and boundaries of the property itself.