Escrow & Title

In Idaho, what is a 'chain of title' and why is it important?

AA list of all real estate agents involved in past sales
BThe chronological sequence of recorded documents showing ownership transfers and encumbrances from the original grant to the current owner✓ Correct
CA physical survey of the property boundaries
DA list of all liens currently on a property

Explanation

The chain of title is the sequential history of ownership and recorded interests on a property. A complete, unbroken chain of title demonstrates the current owner's right to convey the property.

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