Escrow & Title
The chain of title is:
AThe list of all current liens on a property
BThe historical sequence of ownership transfers for a parcel of real property✓ Correct
CThe legal description used in a deed
DThe title insurance policy number
Explanation
The chain of title is the successive series of recorded ownership transfers (deeds) that establish the history of title for a parcel of real property.
Related Indiana Escrow & Title Questions
- An Indiana title insurer will not issue a policy for which type of defect?
- In Indiana, which type of deed provides the greatest protection to the buyer?
- In Indiana, the closing disclosure must be provided to the borrower at least how many business days before closing?
- A mechanic's lien in Indiana attaches to the property when the lien is filed and relates back to:
- An Indiana deed that does not meet the requirements for recording (e.g., missing notarization) is:
- In Indiana, ALTA (American Land Title Association) survey standards are relevant because they:
- The priority of liens in Indiana is generally determined by:
- Indiana's race-notice recording statute provides that a subsequent purchaser prevails over a prior unrecorded deed if the subsequent purchaser:
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