What is an attorney's opinion of title?

An attorney's opinion of title is essentially a legal document provided by an attorney that assesses the status of title for a property. It confirms whether the title is clear of any claims or encumbrances that could affect ownership. This opinion acts as a form of assurance to potential buyers and lenders that the title is free from defects, legal disputes, or issues that could hinder the buyer's rights to the property.

The attorney will examine public records and other relevant documentation to provide this statement, ensuring that the ownership is valid and secure. This service is crucial in real estate transactions since it helps prevent future legal problems regarding ownership rights or title defects.

The other options relate more to property value assessments or ownership documentation rather than the specific legal function of evaluating the title’s status and any potential claims against it. For instance, a judgment of property value focuses on how much the property is worth, while a property assessment report typically provides an overview of the property's physical condition and market value, rather than the legal status of the title.