A NC 'ALTA survey' (comprehensive land title survey) differs from a standard boundary survey in that it also identifies:
Why Easements, encroachments, rights-of-way, improvements, and other matters that may affect title Is Correct
Answer B: Easements, encroachments, rights-of-way, improvements, and other matters that may affect title
Exam Tip: Escrow & Title
Escrow questions test the neutral third-party role and the sequence of closing events. Remember that the escrow agent acts as a dual agent for both buyer and seller and cannot advocate for either side.
Key Escrow & Title Terms in This Question
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Key Terms to Know
Insurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
EasementA non-possessory right to use another person's land for a specific purpose.
DeedA written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
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