Escrow & Title
What is a 'chain of title' in Oregon real estate?
AA physical chain marking property boundaries
BThe sequence of historical property ownership transfers recorded in the public record✓ Correct
CA list of all current liens on a property
DA court order establishing legal ownership
Explanation
The chain of title is the chronological sequence of all recorded ownership transfers, conveyances, and encumbrances for a property, from the original grant to the present. A title examiner reviews the chain of title to identify any gaps, breaks, or potential defects that could affect ownership rights.
Related Oregon Escrow & Title Questions
- In Oregon, which of the following liens has the highest priority?
- An Oregon property has both a first and second deed of trust. In a foreclosure of the first deed of trust, what happens to the second deed of trust?
- What is the role of the 'escrow officer' in a typical Oregon real estate closing?
- In Oregon, 'constructive eviction' is related to the covenant of quiet enjoyment because:
- In Oregon, property taxes are a lien on real property. This type of lien is:
- In Oregon, which of the following is NOT typically an exception in a standard title insurance policy?
- Which of the following items would appear as a 'debit' to the buyer on the closing statement?
- When an Oregon property is sold, how are property taxes typically prorated at closing?
Practice More Oregon Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oregon Quiz →