Escrow & Title
A chain of title refers to:
AA list of all mortgages ever placed on the property
BThe chronological sequence of ownership and conveyances from the original grant to the present✓ Correct
CThe series of inspections required before closing
DThe list of utility easements affecting a property
Explanation
A chain of title is the historical record of all instruments (deeds, mortgages, liens, releases) conveying or encumbering title to a property, from the original land patent to the current owner.
Related Arkansas Escrow & Title Questions
- A lender's title insurance policy (loan policy) protects:
- A title attorney's opinion in Arkansas is based on:
- A title that is 'marketable' means:
- In Arkansas, a valid deed requires all of the following EXCEPT:
- Title insurance protects against:
- The abstract of title differs from a title insurance policy in that the abstract:
- The primary purpose of title insurance is to:
- In a race-notice jurisdiction like Arkansas, a subsequent purchaser who records first AND has no notice of a prior unrecorded deed wins. This means:
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