Private sector services allow the transfer of real property to be completed in a quick, efficient and cost effective manner. Development of clear and accessible ownership records in a supportive legal environment facilitates transaction guarantees for titles and mortgages so that owners and lenders are indemnified against loss due to title problems. Availability of private conveyance and title guarantee products and services depends greatly on the land titling laws put in place by government. The greatest benefits of title guarantees are increased trade and investment in real estate. These benefits arise from greater willingness of third-party lenders to accept real estate backed mortgages because of increased certainty that valid liens on real estate are possible.