Escrow & Title

In Iowa, what is the purpose of a title search?

ATo determine the property's market value
BTo examine public records and trace ownership to identify encumbrances or defects✓ Correct
CTo verify that the property is free of environmental contamination
DTo confirm the zoning classification of the property

Explanation

A title search examines public records—deeds, mortgages, judgments, liens, and other instruments—to trace ownership history and identify any claims, encumbrances, or defects affecting the title.

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