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January 19, 2023
The title company is one of the players you'll encounter while purchasing a home. A title company's function is to ensure that the title to the real estate is lawfully transferred to the house buyer. In essence, they provide that a seller has the legal right to sell the property to a buyer. After a title insurance business has completed its verification, it will back that promise with title insurance, which protects the lender or owner if someone comes along later and claims the property.