Title insurance companies do the time-consuming and tedious legal research on property titles to uncover who the legal owners are and if the property has any liens on it. This is called a title search. The title insurance company will issue an insurance policy on a title free of liens that protects the buyer from anyone asserting that he or she owns the property.
Title insurance companies have expanded in many areas to provide additional services in real estate transactions. In some areas they can order surveys and inspections. In many locations the title insurance company is the closer who handles all the documentation at the closing and may also provide full-service offices for the actual closing.