Escrow & Title
What is a 'back title' search in Nevada real estate?
AA title search going backward from the present to confirm ownership
BResearching the historical chain of title before the current owner's purchase to verify the entire ownership history and identify potential title defects✓ Correct
CA search for any liens placed after the property was purchased
DA secondary title insurance policy
Explanation
A full title search traces the complete chain of title from the current date back to the original grant or patent, confirming an unbroken chain of ownership. In Nevada, this is typically done for a period of 60 years or back to the original federal patent for BLM land transfers.
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Key Terms to Know
Title Insurance
Insurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
Chain of TitleThe sequential record of all transfers of ownership for a piece of property from the original patent holder to the present owner.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
Abstract of TitleA condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.
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