Opinion of Title

An opinion of title is a legal document issued by an attorney or a title company, stating their professional assessment of the ownership status of a property. It is based on a review of public records and other relevant documents to confirm that the title to the property is clear of any legal claims, liens, or disputes. An opinion of title provides assurance to buyers or lenders that the property has a valid and marketable title.

Example

Before purchasing a home, a buyer receives an opinion of title from their attorney, confirming that the title is free of liens or disputes, ensuring a smooth transfer of ownership.