title report

Definition of "title report"
  1. A written analysis related to the legal ownership of real estate, including details about tax rates, owners, mortgages, liens, and outstanding taxes required by a lender before purchasing the property
How to use "title report" in a sentence
  1. Before approving the mortgage, the bank required a detailed title report.
  2. The title report revealed several unpaid taxes related to the property.
  3. Their lawyer suggested obtaining a title report to better understand any liabilities associated with the property.

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