What is the role of a title examiner in real estate transactions?

The role of a title examiner in real estate transactions is critical as they are responsible for researching and identifying any issues related to the property's title. This includes checking the historical records to ensure that the title is clear of any liens, claims, or encumbrances that could affect the ownership rights of the property.

By conducting a thorough examination of public records, the title examiner validates the chain of ownership and ensures that there are no legal obstacles, such as unresolved issues from previous owners or unpaid taxes. This level of scrutiny helps to protect both buyers and lenders, as it ensures that the transaction can proceed without future legal challenges. A clear title is essential for a smooth transfer of ownership and provides peace of mind to all parties involved in the transaction.

Although the other roles mentioned may be relevant in the broader context of real estate transactions, they fall outside the specific duties of a title examiner. Issuing loans pertains to lenders, assessing property value relates to appraisers, and negotiating purchase agreements is the responsibility of real estate agents or brokers. Each of these roles plays a distinct part in the real estate process, but the title examiner's focus is solely on ensuring the title's integrity.