In Colorado, the 'Grantee Index' maintained by the county clerk and recorder allows a title searcher to find:
Why B. All instruments in which a particular person is named as grantee (buyer/recipient) — useful for finding all property someone has acquired Is Correct
Answer B: B. All instruments in which a particular person is named as grantee (buyer/recipient) — useful for finding all property someone has acquired
Exam Tip: Escrow & Title
Escrow questions test the neutral third-party role and the sequence of closing events. Remember that the escrow agent acts as a dual agent for both buyer and seller and cannot advocate for either side.
Key Escrow & Title Terms in This Question
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Key Terms to Know
A financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Abstract of TitleA condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
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