Title Company

Firm that verifies ownership of real property, often done in connection with a conveyance of real property from buyer to seller. The valid owner is determined through a thorough examination of property records in a Title Search. The company issues a title certificate, based on its examination.

One in the business of examining Title to real estate and/or issuing Title Insurance.
Example: The Chicago Lawyer Title Company searched courthouse records to be sure that Whitman would get Marketable Title on a house she planned to buy. They charged a $1,500 one-time Premium. The bank wouldn't issue a loan without the policy.