Will his finance revealed to me or will my finance revealed to him?

A quick Google search revealed this from 'Investopedia':[In a reverse mortgage,] instead of making monthly payments to a lender, a lender makes payments to you, based on a percentage of the value in your home.

Each step you take reveals a new horizon.

Each step you take reveals a new horizon.

They cannot reveal the name of the complainer for example against  another resident,Example: I complain to HOA that resident behind me is parking his vehicle on the street for more than 30 days...

If your search reveals you have a solid chain of title you should be ok with a Quit Claim and no insurance as long as you're totally comfortable with accepting the possibility that anything missed could come back to bite you and you could lose the parcels entirely with no recourse.

At some point I know I would have to reveal enough of the deal to make the potential partner comfortable to agree or not. 

The title search will reveal any liens or encumbrances on the property.

Each step you take reveals a new horizon.

I revealed more than I should have to the cash buyer, and when dealing with the seller, I didn't really know what to say (but he was a seasoned pro, and graciously guided me though the process).