Escrow & Title
A Connecticut title company discovers a 'cloud on title.' This means:
AThe property has outstanding environmental issues
BAn apparent claim or defect in title that may affect the owner's interest✓ Correct
CThe property is subject to a zoning variance
DThe property is located in a flood zone
Explanation
A cloud on title is any claim, encumbrance, or defect that casts doubt on the validity of the owner's title, such as an unresolved lien, an old mortgage, or a disputed boundary.
Related Connecticut Escrow & Title Questions
- A 'deed restriction' in Connecticut, also called a 'restrictive covenant,' is enforceable by:
- In Connecticut, the deed is most commonly used to transfer title from seller to buyer at closing is the:
- A title search in Connecticut examines the public records to:
- Which of the following best describes an 'abstract of title' in Connecticut?
- A 'cloud on title' discovered after a Connecticut closing would typically be resolved through a:
- In Connecticut, which lien generally has the highest priority over other liens on a property?
- An abstract of title is best described as:
- Title insurance in Connecticut protects against:
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