Property titles are important as they represent an owner’s legal rights to the property.
When purchasing a home, a buyer should ensure that the person they’re buying it from is the actual title holder. This means there is no other party that can either stop the purchase or make a claim on the property once the new owner has moved in.
A buyer’s conveyance lawyer will conduct a title search and most buyer’s also choose, or are required, to purchase title insurance. Title insurance will protect the buyer in the event that someone later sues and says they have a claim to the property.