Escrow & Title
A 'chain of title' refers to:
AThe physical chain-link fence marking property boundaries
BThe sequence of historical transfers of ownership of a property✓ Correct
CA lender's priority of lien position
DThe list of utility easements on the property
Explanation
The chain of title is the sequential record of all conveyances, encumbrances, and other instruments in the history of a property's ownership from the earliest recorded owner to the present. Gaps in the chain can indicate title defects.
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