What does a title search reveal?

A title search is primarily conducted to examine the history of ownership of a property and to identify any legal claims or liabilities associated with it. This process helps ensure that the seller has a clear title to the property and can legally transfer ownership to the buyer. The title search uncovers important information, such as existing liens, mortgages, judgments, or easements that might affect the property. If any legal claims are found, this can impact the buyer's decision to proceed with the purchase or could necessitate a resolution before the transaction can be completed.

In contrast, determining the current market value of the property involves a different appraisal process, and does not fall under the domain of a title search. Similarly, the original loan amount and zoning classification are not directly revealed through a title search. The loan amount may be obtained from mortgage documents, while zoning classifications require consulting local zoning regulations or authorities, as they pertain to how the property can be used rather than its ownership history.