Define "title search" in real estate transactions.

Study for the Virginia State Real Estate Salesperson Exam. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam with comprehensive tools!

A title search in real estate transactions is a crucial process that involves the review of public records to determine the ownership history of a property. This consists of examining various documents, such as deeds, mortgages, tax records, and other legal filings, to ensure that the seller has a clear and marketable title to the property being sold. Conducting a title search is essential for identifying any potential claims, liens, encumbrances, or other issues that might affect the ownership of the property. By verifying the current owner's rights and any associated legal responsibilities, the title search helps to protect the interests of the buyer and ensures a smooth transaction process.

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