What type of fees are generally paid by a buyer to research the title of real property?

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The correct choice is the abstract fees, as these fees are specifically associated with the process of researching the title of real property. When a buyer is interested in purchasing real estate, it is crucial to verify that the title is clear, meaning there are no liens or claims against it that would affect ownership.

Abstract fees cover the cost incurred when an abstractor examines the historical records related to the property to create a summary of the title history. This summary ensures that the property is free of any legal issues and provides a basis for the title insurance policy, which protects the buyer and lender from future claims.

While inspection fees pertain to assessing the condition of the property itself, rather than its legal title, closing costs involve a variety of fees that a buyer and seller encounter at the conclusion of a real estate transaction, encompassing various services beyond just title research. Transfer taxes are taxes imposed by the state or local government when property title is transferred, which is unrelated to the specific act of researching a property's title.

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