Which fees ensure that the seller can transfer property title without liens or issues?

Which fees ensure that the seller can transfer property title without liens or issues?

• A. Title Fees
• B. Inspection Fees
• C. Closing Fees
• D. Transfer Fees

Answer: (A)

Title fees are specifically designed to ensure that the seller can transfer property title without any liens or encumbrances. These fees cover the costs associated with researching the title of the property to confirm that it is clear and marketable. This process includes examining public records to identify any outstanding mortgages, tax liens, or legal issues related to the ownership of the property. If any problems are discovered, they must be resolved before the transfer can occur. In essence, title fees are critical to safeguarding the buyer's interests by ensuring they are receiving a property that has a clear title, free from potential claims from creditors or previous owners. This is a vital step in real estate transactions that protects both parties involved.

Title fees are specifically designed to ensure that the seller can transfer property title without any liens or encumbrances. These fees cover the costs associated with researching the title of the property to confirm that it is clear and marketable. This process includes examining public records to identify any outstanding mortgages, tax liens, or legal issues related to the ownership of the property. If any problems are discovered, they must be resolved before the transfer can occur.

In essence, title fees are critical to safeguarding the buyer's interests by ensuring they are receiving a property that has a clear title, free from potential claims from creditors or previous owners. This is a vital step in real estate transactions that protects both parties involved.