Title Report Legal Meaning and Definition

Here is a simplified definition of the legal term Title Report.

Title Report (noun):

A comprehensive document that provides important information about a piece of real property. This report includes details like the property description, current and previous owners, how the property is held (like sole ownership or joint tenants), any claims or liabilities attached to the property including any liens or mortgages, taxes due, and information on any legal matters involving the property. This report is usually prepared by a title insurance company during the process of due diligence.