Escrow & Title
What is 'chain of title' in Delaware real estate?
AThe physical chain securing a property against unauthorized entry
BThe chronological sequence of recorded ownership transfers and encumbrances affecting a property✓ Correct
CThe chain of command in a real estate brokerage
DA series of contingencies in a purchase contract
Explanation
Chain of title is the chronological sequence of deeds, mortgages, and other conveyances establishing the history of ownership and encumbrances of a parcel of real property as recorded in the public records.
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