Escrow & Title
Indiana's Torrens title system (certificate of title), while rarely used today:
AReplaced the recording system statewide in 1975
BProvides registered title where the state guarantees the certificate, creating certainty of ownership but being largely replaced by title insurance in practice✓ Correct
COnly applies to properties in Marion County
DWas never adopted in Indiana
Explanation
The Torrens system (certificate of title) is a voluntary registration system where the state examines and certifies title, providing strong ownership assurance. While Indiana law permits it, the title insurance system dominates in practice.
Related Indiana Escrow & Title Questions
- An owner's title insurance policy protects:
- A junior lien in Indiana is:
- In Indiana, who is responsible for paying the transfer of ownership costs (county recorder fees) at closing?
- Which of the following would a title search typically NOT reveal?
- In Indiana, 'marketable title' means:
- A lender's title insurance policy (mortgagee policy) in Indiana:
- An Indiana homeowner who loses their title to a forged deed discovered years after purchase would be protected by:
- A title search in Indiana typically covers how many years of history?
Practice More Indiana Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Indiana Quiz →