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An attorney's or title company attorney's professional judgment of the owner's rights to the property, following ahttp://www.answers.com/topic/title-search by the attorney.
Example: Based on an attorney's title opinion, the Title Company issued a Title Insurance policy.
Please refer to http://www.answers.com/topic/title-opinion for more information.
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What is the difference between a Title Opinion and a Title Commitment?
A Title Opinion is a legal document prepared by an attorney that assesses the status of a property’s title, identifying any potential issues or encumbrances based on a review of public records. In contrast, a Title Commitment is a preliminary report issued by a title insurance company that outlines the terms under which it would issue a title insurance policy, detailing exceptions and requirements. While both documents aim to clarify title status, the Title Opinion provides a legal analysis, whereas the Title Commitment focuses on insurance coverage.
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