Which legal document can help resolve ambiguities in property ownership?

A title insurance policy is designed to protect property owners and lenders from potential issues related to property ownership that may not be apparent at the time of purchase. It provides coverage against claims, liens, or defects that could arise from past ownership, thereby ensuring that the buyer has clear title to the property. This document often includes a thorough examination of the property’s history, which can reveal ambiguities or disputes regarding ownership—such as unresolved liens, easements, or conflicting claims.

In contrast, a seller's disclosure statement primarily serves to inform potential buyers about known issues with the property, but it does not specifically resolve ownership ambiguities. A lease agreement governs the terms between the property owner and a tenant but does not address the complexities of ownership rights. A real estate appraisal assesses property value and market conditions, but it does not clarify or resolve any disputes related to ownership. Thus, a title insurance policy is the most effective legal document for clarifying and securing property ownership.