Which of the following best describes the benefit of title insurance for property buyers?

The choice describing the benefit of title insurance for property buyers states that it guarantees clear ownership free from disputes. This is accurate because title insurance serves to protect homeowners and lenders against losses arising from defects in the title that may not have been identified during the title search process. These defects can include issues like liens, encumbrances, or conflicting ownership claims, which could jeopardize the homeowner's right to the property.

By obtaining title insurance, buyers ensure they have protection against such risks, thereby providing peace of mind when making a significant investment in real estate. This coverage remains valid as long as the buyer or their heirs retain an interest in the property, making it a crucial aspect of property transactions.

The other options do not accurately reflect the primary purpose of title insurance. For instance, title insurance does not influence property tax obligations, protect against market fluctuations, or ensure physical repairs to the property. The focus of title insurance is specifically on the legitimacy and security of property ownership, solidifying the importance of option C as the best description of its benefits.