What must be conducted in new construction to ensure that there are no claims against the property?

A title search is a critical step in new construction because it helps verify the ownership of the property and checks for any liens or claims against it. This process ensures that the title is clear, meaning there are no outstanding debts or legal issues that could affect the new property owner. By identifying any potential claims in advance, a title search protects the buyer from future disputes regarding ownership or regulations that may impact the property.

This is particularly important in new construction, as any undiscovered claims can lead to significant legal and financial problems after the sale. Conducting a thorough title search mitigates the risk of discovering issues post-purchase, ensuring that the new owners have a secure and clear title to their property.

While a home inspection, environmental assessment, and appraisal are all valuable processes in property transactions, they serve different purposes. A home inspection focuses on the physical condition of the house, an environmental assessment evaluates potential hazards related to the site, and an appraisal determines the market value of the property. None of these directly address the potential legal claims or ownership issues that a title search does.