Escrow & Title
A title search in Indiana examines the chain of title to identify:
AOnly current mortgage balances
BAll recorded instruments affecting ownership, including deeds, liens, easements, and encumbrances✓ Correct
CThe property's current tax assessment
DWhether the property meets zoning requirements
Explanation
A title search reviews the public records (chain of title) to identify all prior recorded instruments — including deeds, mortgages, liens, easements, and judgments — that affect the property's title.
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Key Terms to Know
Chain of Title
The sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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