Escrow & Title
A Nebraska property owner's deed is lost in a fire. The owner's title is:
ADestroyed — they no longer have title
BStill valid — the deed is evidence of title, not title itself✓ Correct
CAutomatically transferred to their heirs
DSubject to adverse possession claims immediately
Explanation
The deed is merely evidence of the ownership transfer; title itself exists in the public records and in the legal rights of ownership. A lost deed does not destroy title.
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