Escrow & Title
A 'quiet title' action in Missouri is a court proceeding to:
ALower property taxes
BClear a cloud on title and establish ownership✓ Correct
CEvict tenants quietly without notice
DConvert rental property to owner-occupied
Explanation
A quiet title action is a lawsuit filed in Missouri circuit court to resolve competing claims to real property and establish the plaintiff's title as valid. It 'quiets' or eliminates adverse claims.
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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.
ProrationThe division of ongoing property expenses (taxes, HOA dues, rents) between buyer and seller at closing based on their respective days of ownership.
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.
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