Escrow & Title
The chain of title in North Carolina refers to:
AThe physical chain used to secure a property gate
BThe chronological sequence of ownership transfers recorded for a property✓ Correct
CA list of liens on the property
DThe title insurance policy number sequence
Explanation
The chain of title is the sequential history of ownership transfers and encumbrances recorded in the public record for a specific parcel of real property.
Related North Carolina Escrow & Title Questions
- When a NC title insurance company pays a claim on an owner's policy, the insurer receives the right to:
- An abstract of title in North Carolina is:
- A North Carolina attorney issues a title opinion (certificate of title) to:
- A 'title search' in NC involves:
- A deed is considered delivered and accepted in North Carolina when:
- In North Carolina, the excise tax on a deed is typically paid by:
- The trustee in a North Carolina deed of trust holds:
- A NC broker who disburses trust funds without authorization from the parties involved has committed:
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