Escrow & Title
A cloud on title in Arizona refers to:
AA notation that the property is in a flood zone
BAny claim, encumbrance, or defect that may impair the owner's clear title✓ Correct
CEnvironmental contamination on the property
DA pending property tax assessment
Explanation
A cloud on title is any claim, encumbrance, or document in the public record that may impair or cast doubt on the validity of the owner's title, making it difficult to sell or mortgage.
Related Arizona Escrow & Title Questions
- A buyer in Arizona takes title 'subject to' an existing mortgage. This means:
- In Arizona, the seller typically pays which of the following closing costs?
- A title insurance lender's policy (also called a mortgagee's policy) in Arizona protects:
- An owner's title insurance policy in Arizona is typically paid for by:
- An Arizona 'assumption fee' charged by a lender when a buyer assumes an existing mortgage is:
- An Arizona escrow officer is considered a:
- A 'cloud on title' in Arizona refers to:
- A title search in Arizona reveals a 'cloud on title.' This means:
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