What is a title plant?

A title plant is correctly defined as a collection of records maintained for title searches and examinations. This compilation includes various documents such as deeds, mortgages, and plats, which are essential for determining the ownership history of a property and identifying any liens or encumbrances that may affect it. Title plants are critical for title agents and attorneys as they provide the necessary information to ensure valid property transactions and facilitate thorough title examinations.

In the context of real estate, a title plant offers a systematic way to access and review property records, which helps in verifying titles and resolving potential issues before closing a transaction. This collection is built from public records and proprietary updates to ensure that title agents can provide accurate and current information.

The other options relate to different aspects of real estate but do not accurately represent what a title plant is. A public record of land ownership, for instance, refers to the official logs maintained by governmental entities regarding property ownership but does not encompass the full range of records necessary for thorough title examinations. Similarly, a database of local property values focuses solely on market pricing, while a compilation of structures on a property does not pertain directly to the title examination process.