What is a real estate title?

A real estate title is a legal document used to establish ownership of a piece of real estate property. It is typically issued by a county clerk or a title company. The title states who holds the rights to the property and outlines any legal claims or restrictions associated with the property. In South Carolina, a title will often include the names of each party involved, the real estate’s legal description, restrictions on the property’s use, any mortgages or liens, and a history of the chain of title. The title also includes an affidavit of title, which is a notarized statement that no other claims have been made against the property. This document serves as a guarantee of ownership and provides evidence that no other person has a claim to the property. A title is typically transferred when the property is sold or inherited, and it can also be cleared of any claims or restrictions. The title should be carefully reviewed to ensure that all correct information is included.

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