Escrow & Title

What is a 'title search' in Rhode Island and why is it conducted?

AA search to find potential buyers for a property
BAn examination of public records to trace the history of ownership and identify liens, encumbrances, and title defects✓ Correct
CA search to locate missing property owners
DAn inspection of the physical condition of the property

Explanation

A title search examines public records (deeds, mortgages, tax records, judgments) to trace the chain of title and identify any liens, encumbrances, or defects that could affect the buyer's ownership rights.

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