In regards to the property address and legal description of the home you are purchasing, this is a big deal! You always want to make sure that the legal description is correct and that title work and the contract match. This is what the lenders and the title companies will insure on. The lender wants to make sure this is correct since they will have the Deed of Trust recorded on the property to ensure that the money they are lending is protected and will be repayed. Your Warranty Deed created by the title company is signed over from the seller to you and this is your OWNERSHIP to the home and lot that it is situated on.