Transfer of PropertyPregunta 96 de 120
The recorded history of successive owners and conveyances of a parcel is called the:
a.Preliminary report
b.Abstract of judgment
c.Legal description
d.Chain of title
Explicación
The chain of title is the sequence of recorded transfers and documents tracing ownership from the earliest records to the present owner. A break or gap in the chain can create a cloud on title. Title companies examine the chain before insuring title.
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Preguntas relacionadas de este tema
- Recording a deed in the county where the property is located gives the public:
- California's documentary transfer tax is $0.55 per $500 of value. On a $600,000 sale with no assumed loan, the county transfer tax is:
- A deed in which the grantor makes the fullest express warranties, defending title against all claims, is a:
- A preliminary title report issued before closing primarily:
- A valid escrow generally requires a binding contract between the parties and:
- Before a deed can be recorded, the grantor's signature usually must be:
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