Define "property title."

The correct answer defines "property title" as a legal document that provides evidence of a person's ownership of property. In real estate, a title represents the legal right to own, use, and transfer property. It serves as proof that an individual or entity holds ownership over a specific piece of real estate and has the authority to sell, lease, or use that property as they see fit.

The distinction made in the other options highlights why they do not accurately describe "property title." Documentation detailing property taxes owed pertains to financial obligations related to the property, but it does not convey ownership. A record of lease agreements involves the rights of tenants rather than the ownership rights of the property owner, and a survey report of land boundaries focuses on the physical dimensions and layout of the property rather than legal ownership. These aspects are important in real estate transactions, yet they do not define what a_property title_ fundamentally is.