3 years ago

Why would a broker or agent need to do a title search on a piece of property that is being sold?

2 answers:

7 0

Think of buying a car. Cars have titles (clean, rebuilt, salvage, some others that are irrelevant to ramble on about), and when you’re buying a car, typically you’ll want a clean title. It’s the same here (just real estate titles are not labeled the same). You don’t want to purchase property where legal signatures are invalid on some documents.

patriot [66]3 years ago

6 0

Answer:

A title search is done to insure that there are no leans are owed on the property. Its to insure that the property is clean of any debt.

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