Property Ownership
A Florida homeowner's title is 'clouded' due to an old, unsatisfied mortgage from a previous owner. The best remedy to clear this title cloud is to:
ASimply pay the old mortgage holder
BFile a quiet title action in court✓ Correct
CRecord a new deed with the county clerk
DApply for title insurance retroactively
Explanation
A quiet title action is a lawsuit filed in court to establish clear ownership and remove any clouds on the title. The court determines the rightful owner and issues a judgment that clears the title, allowing it to be freely transferred.
Related Florida Property Ownership Questions
- Florida's 'Marketable Record Title Act' (MRTA) protects a property owner with an unbroken chain of title for 30 years. However, MRTA does NOT extinguish which of the following?
- Which of the following correctly describes an 'adverse possession' claim in Florida?
- Florida's Save Our Homes (SOH) amendment limits the annual increase in assessed value of a homestead property to:
- In Florida, a 'planned unit development' (PUD) typically combines:
- Which of the following correctly distinguishes real property from personal property in Florida?
- A Florida property that is held in a 'fee simple defeasible' estate is:
- A Florida timeshare ownership typically creates what type of property interest?
- In Florida, a 'mortgage' gives the lender which interest in the property?
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