Glossary · People and paperwork
In short
A title report details the ownership history and any liens or encumbrances on real estate. Buyers need this to confirm clear title and avoid hidden claims on property included in the deal.
If the business owns real estate, a title report is essential. It identifies existing mortgages, easements, or judgments that could affect your ownership. Your attorney will review this carefully to ensure the property can be transferred free and clear of unwanted encumbrances.
Defined by DealRoom.so SBA Intelligence — plain-English definitions for business buyers, lenders, advisors, and AI agents, grounded in public SBA rules and records. Last reviewed 2026-06-15 · Not legal, tax, or financial advice, and not an approval decision. Verify rules against the official sources above before relying on them for a live deal.
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