Escrow & Title
What is 'title search' and what does it reveal in a Nevada transaction?
AA physical search of the property for hidden title documents
BA professional review of public records (deeds, mortgages, liens, court judgments, and other recorded documents) to determine the current state of title and identify any defects, encumbrances, or gaps in the ownership chain✓ Correct
CA NRED review of the licensee's qualifications for a specific transaction
DA search of Nevada's MLS for comparable sales data
Explanation
A title search (or title examination) examines the public record — county recorder's index, court records, tax records — to trace the ownership history and identify recorded liens, easements, judgments, and other encumbrances. In Nevada, title companies conduct searches and issue preliminary title reports listing all exceptions. The search reveals problems the title insurance will either clear before closing or list as exceptions to coverage.
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