Escrow & Title
What does a title search reveal?
AThe physical condition of the property
BThe history of ownership and any encumbrances, liens, or defects in the chain of title✓ Correct
CThe market value of the property
DWhether the property is located in a flood zone
Explanation
A title search examines public records to trace the history of ownership (chain of title) and identify any encumbrances, liens, restrictions, easements, or other defects that may affect the title. It is typically performed by a title company or attorney prior to closing.
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