What is a “quiet title” action in real estate?

A "quiet title" action is a legal proceeding aimed at establishing a party's claim to a property and resolving any disputes or challenges related to ownership. This action is significant because it serves to clear any doubts or claims that others may have on the title, thereby "quieting" any noise around ownership disputes. It provides a definitive resolution that allows the rightful owner to hold clear title to the property, making it easier to sell or transfer in the future.

The other options pertain to different aspects of real estate but do not define a quiet title action. For example, reviewing property value prior to sale focuses on appraisal processes, while transferring property ownership relates to transaction mechanics. Verifying zoning laws deals with land use regulations but does not involve title disputes directly. Thus, the chosen answer accurately encapsulates the essence and legal purpose of a quiet title action in real estate.