What must be disclosed in a title report?

A title report serves as a crucial document in real estate transactions, providing a comprehensive overview of a property’s legal status. The correct choice identifies that all easements, liens, mortgages, and claims against the property must be disclosed in the title report.

This is vital because these elements have significant implications on the property’s ownership and transferability. Easements may allow others to use part of the property, liens can affect the seller's ability to sell if they are not resolved, and existing mortgages represent financial obligations tied to the property. Full disclosure of these items ensures that potential buyers are fully informed about any encumbrances that could affect their ownership rights.

While information about the purchase price, previous owners, and the history of property taxes may have relevance in certain contexts, they do not carry the same legal weight or directly impact ownership and title transfer as the items listed in the correct answer. Therefore, these latter elements are essential for ensuring clarity and protection in the real estate transaction process.