Glossary · People and paperwork
Title report
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.
What it means in a 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.
Related terms
Common questions about Title report
- What happens if a required environmental report (Phase I ESA) identifies potential contamination?
- How thoroughly does the SBA review the business valuation report provided by the lender?
- What if my personal credit report shows a minor collection from several years ago?
- What if the lender requires additional environmental due diligence beyond a Phase I report?
- How often does the SBA require lenders to report on 7(a) loan portfolio performance?
- What if my personal credit report shows a recent late payment on a minor credit card?
Defined by CapBench 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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