In Colorado, the 'grantor-grantee index' system at the county clerk and recorder allows a title searcher to trace the 'chain of title' by:
Why B. Searching forward in the Grantor Index (to find all instruments signed by the owner) and backward in the Grantee Index (to find how each owner acquired title) Is Correct
Answer B: B. Searching forward in the Grantor Index (to find all instruments signed by the owner) and backward in the Grantee Index (to find how each owner acquired title)
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
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
People Also Study
Related Colorado Questions
- In Colorado, the 'Grantee Index' maintained by the county clerk and recorder allows a title searcher to find:Escrow & Title
- In Colorado, recording a deed in the county clerk and recorder's office provides:Escrow & Title
- In Colorado, the county clerk and recorder's office is responsible for:Escrow & Title
- Colorado uses which public records system to establish priority of claims against a property?Escrow & Title
- In Colorado, a condominium owner holds title to:Property Ownership
- Under Colorado's prior appropriation water rights system, a water right holder can lose their right through:Property Ownership
- A Colorado property owner discovers underground storage tanks (USTs) from a former gas station on the property. Under Colorado law, UST owners are required to:Environmental
- Colorado's 'Transfer on Death Deed' (TOD Deed) allows a property owner to:Property Ownership
Key Terms to Know
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Title InsuranceInsurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
Study This Topic
Practice More Colorado Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Colorado Quiz →