Escrow & Title
In South Dakota, the 'chain of title' refers to:
AThe physical condition of the property over time
BThe chronological sequence of property ownership and transfers as shown in public records✓ Correct
CThe list of all liens ever placed on a property
DThe survey history of a property's boundaries
Explanation
The chain of title is the complete history of ownership transfers for a property, traced through recorded deeds and other documents in the public records. A complete and unbroken chain of title is essential for establishing marketable title.
Related South Dakota Escrow & Title Questions
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