Escrow & Title
A Massachusetts attorney conducting a residential closing reviews the title examination and finds an old open mortgage from 1985 that was never discharged. This is called:
AA superior lien
BA cloud on title✓ Correct
CA prescriptive easement
DA restrictive covenant
Explanation
An old, undischarged mortgage creates a cloud on title — a defect or encumbrance that impairs the property owner's ability to convey marketable title. The Massachusetts Obsolete Mortgage Statute may discharge mortgages over 35 years old under certain conditions.
Related Massachusetts Escrow & Title Questions
- A Massachusetts 'mortgage inspection plan' differs from a full survey because it:
- A Massachusetts deed is acknowledged before a notary public. The purpose of acknowledgment is to:
- Under Massachusetts law, a 'discharge of mortgage' must be recorded at the Registry of Deeds to:
- In Massachusetts, an attorney must typically be present at a real estate closing because:
- In Massachusetts, the 'date down endorsement' in a title insurance policy is used to:
- A Massachusetts 'junior lien' is a lien that:
- A Massachusetts first mortgage contains a 'subordination, non-disturbance, and attornment agreement' (SNDA) for tenants. This protects the tenant by:
- In Massachusetts, which type of survey definitively establishes property boundaries and is required for some closings?
Practice More Massachusetts Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Massachusetts Quiz →