Define: Attorney’s Opinion Of Title

Attorney’s Opinion Of Title
Attorney’s Opinion Of Title
Quick Summary of Attorney’s Opinion Of Title

An attorney’s opinion of title is a legal document prepared by a qualified attorney that provides an assessment of the ownership status and potential legal issues related to a property’s title. This opinion is typically based on a thorough examination of public records, including deeds, mortgages, liens, and other documents affecting the property’s title. The attorney’s opinion of title aims to inform buyers, sellers, lenders, and other parties involved in real estate transactions about any potential defects, encumbrances, or claims that may affect the property’s ownership or marketability. It may also include recommendations for resolving any identified issues or obtaining title insurance to mitigate risks. The attorney’s opinion of title serves as a valuable tool for ensuring that parties have a clear understanding of the legal status of the property’s title before completing a real estate transaction.

Full Definition Of Attorney’s Opinion Of Title

An abstract of title that an attorney has examined and has certified to be, in his or her opinion, an accurate statement of the facts concerning the property ownership. In short, the attorney has judged the title to a particular party to be good.

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This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.

This glossary post was last updated: 29th March 2024.

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