Escrow & Title
What does a title search typically examine?
AOnly the last 10 years of ownership history
BRecorded deeds, mortgages, liens, easements, judgments, and other encumbrances in the public record✓ Correct
CPhysical inspection of the property boundaries
DEnvironmental reports and soil tests
Explanation
A title search examines public records — deeds, mortgages, liens, easements, court judgments, and other encumbrances — to determine the history and current status of title to a property. It identifies any issues that could affect ownership.
Related Pennsylvania Escrow & Title Questions
- A general warranty deed in Pennsylvania provides the grantee with which covenants?
- What is a 'warranty deed' and what protections does it provide a Pennsylvania buyer?
- In Pennsylvania, the transfer tax is:
- A tax sale in Pennsylvania occurs when:
- A Pennsylvania buyer's lender requires a 'mortgagee title insurance policy' (also called a lender's policy). This policy protects:
- A Pennsylvania deed recorded without being notarized is:
- Pennsylvania is considered an 'attorney closing state,' which means:
- A Pennsylvania title insurance commitment (binder) is issued:
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