According to TRELA, what must license holders advise buyers to obtain?

The requirement for license holders to advise buyers to obtain a title insurance policy is rooted in the importance of protecting the buyer's legal rights to the property. Title insurance is designed to safeguard against any potential issues that may arise with the title of a property, such as liens, encumbrances, or other claims that might go undetected during the buying process.

By advising buyers to obtain title insurance, license holders help ensure that their clients have a clear ownership and are insulated from future disputes regarding property rights. This proactive measure addresses potential risks and provides peace of mind to the buyer, which is crucial in real estate transactions.

While many other options such as a home warranty policy, property appraisal, and credit report are important components of the purchasing process, title insurance specifically pertains to the integrity of the property title itself, making it a critical recommendation from license holders according to TRELA.