Escrow & Title
A 'gap' in title refers to:
AA period between purchase contract and closing when title is uninsured
BA period in the chain of title where ownership cannot be traced✓ Correct
CThe difference between list price and sale price
DMissing property survey data
Explanation
A gap in title refers to a period in the chain of title where the records do not show who owned the property — a cloud on title that may require legal action to resolve.
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