Escrow & Title
A 'gap' in the title in Maryland refers to:
AA discrepancy between assessed and market value
BA period between settlement and recording during which another lien or conveyance could be recorded✓ Correct
CAn easement not shown in the deed
DA missing paragraph in the purchase contract
Explanation
A title gap is the period between settlement and recording of the new deed during which a third party could record an adverse lien or interest. Title insurance protects against this risk.
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