Property Ownership
What does 'chain of title' mean in Pennsylvania real estate?
AThe sequence of owners listed in the property's tax assessment records
BThe chronological history of conveyances and encumbrances recorded in the county affecting the property's title✓ Correct
CThe list of licensed appraisers who have valued the property
DThe order of priority among mortgage lenders on the property
Explanation
Chain of title is the chronological sequence of recorded documents (deeds, mortgages, releases, easements, liens) that shows the history of ownership and encumbrances on a parcel. A clear chain of title demonstrates unbroken ownership from a reliable source (sovereignty of the soil) to the present owner. Title abstractors trace the chain of title to identify gaps, defects, or adverse claims that might affect ownership.
Related Pennsylvania Property Ownership Questions
- An encroachment occurs when:
- Under Pennsylvania's Abandoned Property Law, when an owner of real property in Pennsylvania dies without known heirs and with no will, the property may eventually:
- An easement appurtenant runs with the land, meaning:
- Which of the following is an example of real property?
- Under a life estate, the life tenant has the right to:
- Pennsylvania's 'Marketable Record Title Act' helps clear title by:
- The Uniform Residential Landlord and Tenant Act (URLTA) standardizes:
- A Pennsylvania homeowner's association (HOA) in a planned community may foreclose on a unit for non-payment of assessments. Under the PA Planned Community Act, the HOA's lien for assessments:
Practice More Pennsylvania Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Pennsylvania Quiz →