What is typically included in a title search?

A title search is a fundamental part of real estate transactions that focuses on the examination of public records related to a property. Its main purpose is to establish a clear chain of title, ensuring that the seller has the right to sell the property and that there are no encumbrances that could affect the transaction.

The inclusion of liens and claims against the property in a title search is crucial. Liens can arise from various sources, such as unpaid taxes, mortgage obligations, or contractor services. Identifying these encumbrances is essential for potential buyers to understand any financial obligations that may not be immediately apparent. By revealing existing liens or claims, the title search helps protect the buyer from unexpected legal or financial troubles related to the property after the purchase.

Other options do not usually form part of a title search. Building inspections focus on the physical condition of the property, valuation reports assess the property's market value, and opinions from real estate agents provide a subjective view of the property’s worth and marketability. These aspects, while important during a real estate transaction, do not directly relate to the legal examination of property title. Thus, they are separate from the title search, which specifically aims to uncover any liabilities linked to the ownership of the property.