What does a warranty of "good title" ensure in a property transaction?

Enhance your readiness for the Ohio Land Title Association Title Agent Exam. Study with our materials that include flashcards and multiple-choice questions with explanations. Ace your exam!

A warranty of "good title" in a property transaction primarily ensures that the title is free of defects. This means that the title is not encumbered by issues such as liens, claims, encroachments, or any other title defects that could jeopardize the ownership rights of the buyer. In essence, it provides a guarantee that the title being conveyed is legally valid and can be upheld in a court of law, thereby protecting the buyer from future disputes related to ownership.

While other aspects, such as preventing claims from others or ensuring all taxes are current, are important parts of property transaction considerations, the core of a "good title" warranty rests on the absence of defects in the title itself. Thus, the emphasis is placed on the quality and legitimacy of the title being passed to the new owner.

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