Which item is not a typical component of a full property title report?

Which item is not a typical component of a full property title report?

• A. Physical inspection of the property
• B. A survey
• C. A market feasibility study
• D. A search of the public records

Answer: (C)

A title report centers on who owns the property and what rights, liens, or defects affect that transfer. It covers public-record searches of the chain of title, outstanding liens or encumbrances, taxes and assessments, judgments, and the accuracy of the legal description. It may also include a survey to verify boundaries and ensure the parcel described in the records matches the actual land. A physical inspection looks at the property’s condition and is not part of the title process. A market feasibility study analyzes demand, pricing, and economic viability, which is outside the scope of title matters. Therefore, the item not typically included is the market feasibility study.

A title report centers on who owns the property and what rights, liens, or defects affect that transfer. It covers public-record searches of the chain of title, outstanding liens or encumbrances, taxes and assessments, judgments, and the accuracy of the legal description. It may also include a survey to verify boundaries and ensure the parcel described in the records matches the actual land. A physical inspection looks at the property’s condition and is not part of the title process. A market feasibility study analyzes demand, pricing, and economic viability, which is outside the scope of title matters. Therefore, the item not typically included is the market feasibility study.