Title is the right to, or ownership of, a specific real estate property. Ownership, and all the rights and duties of each individual that holds the title for a property, is recorded in a legal document that is filed with public records. This document is referred to as the deed.
Before you purchase a property, the title or escrow company does an initial search of its title to determine the history of ownership and ensure it is clear of defects, liens, easements, encroachments, or other restrictions on the property. Click a term below to see examples of each.