The Purpose of the Title Search Is to Ensure That

question 125

Multiple Choice

The purpose of the title search is to ensure that the

• A)title is free of claims from third parties.
• B)buyer has adequate funds for a down payment.
• C)appraisal is correct.
• D)bank has title to the funds it is lending.

---

Definitions:

Action in Negligence

A legal claim brought against someone for harm caused by their failure to act as a careful person would under similar circumstances.

Doctrine of Strict Liability

A legal principle holding parties responsible for damages or harms caused by their actions, regardless of fault or intention.

Fault

A legal term often used in negligence cases, referring to responsibility or blame for an accident or misdeed.

Injury

A physical or emotional harm caused by an accident, disease, or deliberate act.