Go for warranty.

Does a title report have to be signed and notarized to be valid?

@Omar Khan, @Gregory Hiban, @Michinori KanekoAt first I was going to post the rest of the story for that article on SPO Account Closed posted, rant about how a hedge fund closing confirms nothing about the relative validity of equities vs RE, and point out the decision to close SPO was based more on on their style of investing     (very pure Ben Graham value) being challenging in times of optimistic valuation and less about their outlook on equities in an overall sense. 

If there’s a tenant in place they have the right to stay so long as they have a valid lease.

It definitely can put some pressure, as well as, protect a buyer who doesn't want a valid offer on the table longer than a few days.

There are several provisions that must be incorporated into a contract in order to make it valid and enforceable - and even then it will still be open to argument and interpretation based on a myriad of other factors. 

All valid points.

On the other hand, sure pick an add asking $10k ad for a mobile home in a park, visit the seller with $2k cash in your pocket (literally) make sure they have a valid home title (extremely important) and show your cash, poooof, you are now a mobile home owner. 

I totally understand that perspective and definitely raises some valid points.

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