Determining real estate ownership involves accessing public records and databases to identify the individual or entity legally recognized as the owner of a specific piece of land or building. For example, this process can uncover the owner of a vacant lot in a residential area or the corporation that holds title to a commercial building.
Establishing property ownership is crucial for various reasons, including legal due diligence, investment decisions, and resolving property disputes. Historically, such information was difficult to obtain, requiring physical visits to government offices. Modern digital databases have significantly streamlined the process, making access faster and more efficient.