We all need to know if anything could compromise our ownership of property we buy. We rely on title companies to affirm that the seller has the rights to sell. To affirm this, the title company in turn relies on a legal expert’s opinion of the integrity of the deed — an opinion of title. This document offers clarity and confidence that the seller has full rights in the property, and the ability to transfer it. Then, the title company can back that guarantee with title insurance.
In this article, we look at these two sets of assurances: the opinion of title and title insurance — and their differences.Continue reading “An Opinion of Title: What Home Buyers Should Know”