Escrow & Title
The chain of title refers to:
AThe order of priority among lien holders
BThe chronological history of ownership of a property from its origin to the present✓ Correct
CThe sequence of events required to close a real estate transaction
DThe legal description used to identify a property
Explanation
The chain of title is the historical sequence of recorded transfers of ownership for a property. A clear, unbroken chain demonstrates that the current owner has good title.
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