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Title Company

Title Company

Plays an important role in the real estate transaction process by verifying a seller's legal right to sell property to a buyer. Title companies research public records to ensure that the seller has clear and marketable title, meaning that there are no liens, encumbrances, or other defects that could hinder the buyer's ownership of the property. This includes checking for outstanding mortgages, unpaid taxes, and legal judgments against the seller. If any issues are found, the title company will work with the seller to resolve them before the sale can proceed. Without the services of a title company, buyers would be at risk of purchasing a property with unresolved legal issues, which could lead to costly legal disputes down the line. Therefore, having a title company verify the seller's legal right to sell property provides peace of mind for both the buyer and the seller during the real estate transaction process.
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