What must be present in a reliable title search?

A reliable title search must include a check for clouds on the title because this process is essential to determine if there are any legal issues, claims, liens, or encumbrances that could affect ownership of the property. Clouds on the title refer to any unresolved issues that may lead to disputes regarding ownership rights, such as outstanding mortgages, judgments, or other claims against the property. Identifying these clouds is crucial for ensuring that the title is clear and marketable, which protects the interests of the buyer and facilitates a smooth transaction.

Proof of tax payments, valuation of the property market, and information about the neighborhood, while potentially useful, do not directly address the fundamental requirement of establishing a clear title and ensuring that there are no legal obstacles to transferring ownership.