What does a certificate of title indicate?

A certificate of title serves as an expert evaluation of the status of a property's title. It is a formal document that comments on whether the property is free from liens, encumbrances, or other issues that could affect ownership. This professional assessment provides potential buyers or current owners with important insights into the legal standing of the title. It does not guarantee ownership in the sense that ownership could still be challenged in court, nor does it document property inspections or provide financial information about the property. Essentially, the certificate of title indicates the current legal status and any potential risks involved with the title of the property, making it a vital tool in real estate transactions.