diff --git a/src/api/wix/WixToolset.Data/Symbols/WixProductSearchSymbol.cs b/src/api/wix/WixToolset.Data/Symbols/WixProductSearchSymbol.cs
index 99360da59..38f2af889 100644
--- a/src/api/wix/WixToolset.Data/Symbols/WixProductSearchSymbol.cs
+++ b/src/api/wix/WixToolset.Data/Symbols/WixProductSearchSymbol.cs
@@ -46,6 +46,7 @@ public enum WixProductSearchType
         Language,
         State,
         Assignment,
+        Exists,
     }
 
     public class WixProductSearchSymbol : IntermediateSymbol
diff --git a/src/burn/engine/search.cpp b/src/burn/engine/search.cpp
index b52186009..1f128e957 100644
--- a/src/burn/engine/search.cpp
+++ b/src/burn/engine/search.cpp
@@ -334,6 +334,10 @@ extern "C" HRESULT SearchesParseFromXml(
             {
                 pSearch->MsiProductSearch.Type = BURN_MSI_PRODUCT_SEARCH_TYPE_ASSIGNMENT;
             }
+            else if (CSTR_EQUAL == ::CompareStringW(LOCALE_INVARIANT, 0, scz, -1, L"exists", -1))
+            {
+                pSearch->MsiProductSearch.Type = BURN_MSI_PRODUCT_SEARCH_TYPE_EXISTS;
+            }
             else
             {
                 ExitWithRootFailure(hr, E_INVALIDARG, "Invalid value for @Type: %ls", scz);
@@ -1144,6 +1148,7 @@ static HRESULT MsiProductSearch(
     case BURN_MSI_PRODUCT_SEARCH_TYPE_LANGUAGE:
         wzProperty = INSTALLPROPERTY_LANGUAGE;
         break;
+    case BURN_MSI_PRODUCT_SEARCH_TYPE_EXISTS: __fallthrough;
     case BURN_MSI_PRODUCT_SEARCH_TYPE_STATE:
         wzProperty = INSTALLPROPERTY_PRODUCTSTATE;
         break;
@@ -1218,6 +1223,7 @@ static HRESULT MsiProductSearch(
         case BURN_MSI_PRODUCT_SEARCH_TYPE_LANGUAGE:
             // is supposed to remain empty
             break;
+        case BURN_MSI_PRODUCT_SEARCH_TYPE_EXISTS: __fallthrough;
         case BURN_MSI_PRODUCT_SEARCH_TYPE_STATE:
             value.Type = BURN_VARIANT_TYPE_NUMERIC;
             value.llValue = INSTALLSTATE_ABSENT;
@@ -1237,6 +1243,7 @@ static HRESULT MsiProductSearch(
     case BURN_MSI_PRODUCT_SEARCH_TYPE_LANGUAGE:
         type = BURN_VARIANT_TYPE_STRING;
         break;
+    case BURN_MSI_PRODUCT_SEARCH_TYPE_EXISTS: __fallthrough;
     case BURN_MSI_PRODUCT_SEARCH_TYPE_STATE: __fallthrough;
     case BURN_MSI_PRODUCT_SEARCH_TYPE_ASSIGNMENT:
         type = BURN_VARIANT_TYPE_NUMERIC;
@@ -1245,6 +1252,13 @@ static HRESULT MsiProductSearch(
     hr = BVariantChangeType(&value, type);
     ExitOnFailure(hr, "Failed to change value type.");
 
+    // When testing if a product exists, replace the value with a numeric "true" or "false"
+    // based on the calculated install state.
+    if (BURN_MSI_PRODUCT_SEARCH_TYPE_EXISTS == pSearch->MsiProductSearch.Type)
+    {
+        value.llValue = (value.llValue == INSTALLSTATE_ABSENT) ? 0 : 1;
+    }
+
     // Set variable.
     hr = VariableSetVariant(pVariables, pSearch->sczVariable, &value);
     ExitOnFailure(hr, "Failed to set variable.");
diff --git a/src/burn/engine/search.h b/src/burn/engine/search.h
index 341fe1aa9..e70645c59 100644
--- a/src/burn/engine/search.h
+++ b/src/burn/engine/search.h
@@ -58,6 +58,7 @@ enum BURN_MSI_PRODUCT_SEARCH_TYPE
     BURN_MSI_PRODUCT_SEARCH_TYPE_LANGUAGE,
     BURN_MSI_PRODUCT_SEARCH_TYPE_STATE,
     BURN_MSI_PRODUCT_SEARCH_TYPE_ASSIGNMENT,
+    BURN_MSI_PRODUCT_SEARCH_TYPE_EXISTS,
 };
 
 enum BURN_MSI_PRODUCT_SEARCH_GUID_TYPE
diff --git a/src/burn/test/BurnUnitTest/SearchTest.cpp b/src/burn/test/BurnUnitTest/SearchTest.cpp
index a8e397c22..e3c714cb4 100644
--- a/src/burn/test/BurnUnitTest/SearchTest.cpp
+++ b/src/burn/test/BurnUnitTest/SearchTest.cpp
@@ -410,6 +410,8 @@ namespace Bootstrapper
                     L"    <MsiProductSearch Id='Search4' Type='state' ProductCode='{600D0000-0000-0000-0000-000000000000}' Variable='Variable4' />"
                     L"    <MsiProductSearch Id='Search5' Type='assignment' ProductCode='{600D0000-0000-0000-0000-000000000000}' Variable='Variable5' />"
                     L"    <MsiProductSearch Id='Search6' Type='version' ProductCode='{600D0000-1000-0000-0000-000000000000}' Variable='Variable6' />"
+                    L"    <MsiProductSearch Id='Search7' Type='exists' ProductCode='{600D0000-0000-0000-0000-000000000000}' Variable='Variable7' />"
+                    L"    <MsiProductSearch Id='Search8' Type='exists' ProductCode='{BAD00000-0000-0000-0000-000000000000}' Variable='Variable8' />"
                     L"</Bundle>";
 
                 // load XML document
@@ -429,6 +431,8 @@ namespace Bootstrapper
                 Assert::Equal(5ll, VariableGetNumericHelper(&variables, L"Variable4"));
                 Assert::Equal(1ll, VariableGetNumericHelper(&variables, L"Variable5"));
                 Assert::Equal<String^>(gcnew String(L"1.0.0.0"), VariableGetVersionHelper(&variables, L"Variable6"));
+                Assert::Equal(1ll, VariableGetNumericHelper(&variables, L"Variable7"));
+                Assert::Equal(0ll, VariableGetNumericHelper(&variables, L"Variable8"));
             }
             finally
             {
diff --git a/src/ext/Util/wixext/UtilCompiler.cs b/src/ext/Util/wixext/UtilCompiler.cs
index 1ad273221..919cc49b2 100644
--- a/src/ext/Util/wixext/UtilCompiler.cs
+++ b/src/ext/Util/wixext/UtilCompiler.cs
@@ -2736,8 +2736,11 @@ private void ParseProductSearchElement(Intermediate intermediate, IntermediateSe
                                 case "assignment":
                                     type = WixProductSearchType.Assignment;
                                     break;
+                                case "exists":
+                                    type = WixProductSearchType.Exists;
+                                    break;
                                 default:
-                                    this.Messaging.Write(ErrorMessages.IllegalAttributeValue(sourceLineNumbers, attrib.Parent.Name.LocalName, attrib.Name.LocalName, result, "version", "language", "state", "assignment"));
+                                    this.Messaging.Write(ErrorMessages.IllegalAttributeValue(sourceLineNumbers, attrib.Parent.Name.LocalName, attrib.Name.LocalName, result, "version", "language", "state", "assignment", "exists"));
                                     break;
                             }
                             break;
diff --git a/src/wix/WixToolset.Core.Burn/Bind/LegacySearchFacade.cs b/src/wix/WixToolset.Core.Burn/Bind/LegacySearchFacade.cs
index c9301fdc4..885f307e5 100644
--- a/src/wix/WixToolset.Core.Burn/Bind/LegacySearchFacade.cs
+++ b/src/wix/WixToolset.Core.Burn/Bind/LegacySearchFacade.cs
@@ -135,6 +135,9 @@ private void WriteProductSearchXml(XmlTextWriter writer, WixProductSearchSymbol
                 case WixProductSearchType.Assignment:
                     writer.WriteAttributeString("Type", "assignment");
                     break;
+                case WixProductSearchType.Exists:
+                    writer.WriteAttributeString("Type", "exists");
+                    break;
                 default:
                     throw new NotImplementedException();
             }
diff --git a/src/xsd/util.xsd b/src/xsd/util.xsd
index c0a9e44ae..99a1b58ca 100644
--- a/src/xsd/util.xsd
+++ b/src/xsd/util.xsd
@@ -1344,6 +1344,14 @@
                 <xs:documentation>Saves the version of a matching product if found; 0.0.0.0 otherwise. This is the default.</xs:documentation>
               </xs:annotation>
             </xs:enumeration>
+            <xs:enumeration value="exists">
+              <xs:annotation>
+                <xs:documentation>
+                  [WiX v7 and later]
+                  Saves true if a matching product entry is found (non-absent); false otherwise.
+                </xs:documentation>
+              </xs:annotation>
+            </xs:enumeration>
           </xs:restriction>
         </xs:simpleType>
       </xs:attribute>