Which of the following is NOT typically a reason for a title search?

The correct response identifies that assessing market value is not typically a primary reason for conducting a title search. A title search primarily focuses on examining the history associated with a property’s title to ensure clear ownership and to reveal any claims or liens that may exist against the property.

Confirming property boundaries is important during a title search to ensure that the actual boundaries of the property align with what is recorded in public records. Verifying mortgage details is also essential, as this ensures that any existing mortgages or liens against the property are accurately recorded and accounted for. Similarly, uncovering potential title defects is a fundamental aspect of the title search, since any issues found can affect ownership rights or the ability to sell the property in the future.

In contrast, assessing market value involves determining the economic worth of the property, which is generally outside the scope of a title search. Market value assessments are often conducted separately through appraisals and are influenced by factors such as location, condition, and current market trends rather than the historical and legal status of the title itself.