Escrow & Title
A 'chain of title' refers to:
AA lien placed on a property for unpaid property taxes
BThe chronological sequence of historical transfers of title to a property✓ Correct
CThe list of all encumbrances on a property at any given time
DA document connecting the legal description to the street address
Explanation
The chain of title is the chronological history of all conveyances, liens, and encumbrances affecting a property from the earliest recorded ownership to the present. A title search examines the chain of title to identify defects or clouds on the title.
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