Escrow & Title
In Tennessee, what is the primary purpose of recording a deed in the county register's office?
ATo transfer legal title from seller to buyer
BTo provide constructive notice to the world of the buyer's ownership✓ Correct
CTo pay the required transfer tax
DTo establish the property's assessed value
Explanation
Recording a deed provides constructive notice of ownership to subsequent purchasers and creditors. Title actually passes upon delivery and acceptance of the deed, not upon recording.
Related Tennessee Escrow & Title Questions
- A subordination agreement is used to:
- A Tennessee buyer who is purchasing a property using a VA loan should know that VA loans:
- Actual notice means:
- An 'interpleader' action in the context of a disputed earnest money deposit means the broker:
- Title insurance is unique among insurance products because it protects against:
- In Tennessee, who is typically responsible for selecting the title company or closing attorney?
- A deed that has been properly executed but never recorded is:
- A lender requires a 'survey exception' to be removed from the title insurance policy. This means the title company will:
Practice More Tennessee Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Tennessee Quiz →