What is the primary purpose of a title search?

The primary purpose of a title search is to examine the current ownership of a property and investigate the history of that ownership. This process is essential for establishing the legitimacy of the property title, identifying any prior claims or liens, and confirming that the seller has the right to transfer ownership.

Conducting a thorough title search allows the title insurance company to assess any potential risks associated with the property's title. This includes highlighting any defects such as unresolved liens, ownership disputes, or potential claims from third parties that may arise. Identifying these potential title defects ensures that the new owner receives a clear and marketable title, thereby protecting their investment.

While extracting documents related to a current transaction is part of the process, it does not encompass the primary objective of the title search, which focuses significantly on ownership history and potential title issues.