What does the buyer receive after successfully completing a real estate transaction?

After successfully completing a real estate transaction, the buyer receives clear title to the property. This means that the buyer has obtained legal ownership, free from any claims or liens that might affect their rights to the property. A clear title ensures that the buyer can take possession and use the property without fear of future disputes regarding ownership.

The significance of a clear title in a real estate transaction cannot be overstated, as it guarantees that the buyer has full legal rights to the property and can confidently move forward with their investment. This process typically involves a title search and the issuance of a title insurance policy, which protects the buyer against any future claims.

In contrast, while a home warranty may be provided, it is not a guaranteed outcome of all real estate transactions. The listing agreement is related to the contractual relationship between a seller and a real estate agent and is not something that a buyer would receive. Finally, a real estate license is a certification for agents and brokers to conduct business in real estate and is not something a buyer would obtain through a transaction.