Property Ownership
In North Dakota, which of the following BEST describes the term 'chain of title'?
AA list of all mortgages on a property
BThe successive recorded ownership interests in a parcel from the original grant to the current owner✓ Correct
CAll outstanding liens on the property
DThe physical dimensions of the property
Explanation
Chain of title is the sequence of historical property transfers shown in the public record, from the original grant through each subsequent owner to the present. A clear, unbroken chain is essential for marketable title.
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