Why is a title search necessary before the sale of a property?

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A title search is a crucial step before the sale of a property primarily because it ensures that the seller has a valid title to the property being sold. This process involves examining public records to confirm the chain of ownership and to check for any claims, liens, or encumbrances that may affect the property's title. If the seller does not hold a clear and valid title, it could lead to disputes or legal issues after the sale, potentially jeopardizing the buyer's investment.

Assessing the property's market value, identifying the original owner, or establishing property boundaries are not the primary goals of a title search. While these may be relevant to the overall transaction, they do not specifically address the legal ownership of the title, which is why determining that the seller has a valid title stands out as the most critical aspect of conducting a title search. Ensuring a clear title protects both the buyer and the lender, facilitating a smoother closing process and minimizing the risk of future claims against the property.

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