Escrow & Title
A 'chain of title' in Florida refers to:
AThe physical chain used to secure a property during construction
BThe historical record of successive ownership and transfers of a property✓ Correct
CA list of all liens against a property
DThe order of priority among multiple mortgages
Explanation
The chain of title is the unbroken sequence of recorded documents (deeds, liens, easements) showing the history of ownership from the original grant to the present owner, used to verify clear title.
Related Florida Escrow & Title Questions
- A Florida property is sold at a tax deed sale. Which of the following claims might survive the tax deed sale?
- A Florida 'special warranty deed' (limited warranty deed) differs from a general warranty deed because the seller only warrants title against:
- In Florida, a real estate broker who receives an earnest money deposit must deposit it into an escrow account within:
- In Florida, 'actual notice' differs from 'constructive notice' in that actual notice:
- A Florida title company conducting a closing is generally prohibited from:
- When a Florida borrower fails to make mortgage payments and the lender files a lawsuit to foreclose, this is called:
- In Florida, when must a broker deposit earnest money into an escrow account?
- A 'title opinion' issued by a Florida attorney differs from title insurance in that:
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