Escrow & Title
In a Texas real estate closing, a 'gap' in title refers to:
AA difference between the appraisal and sale price
BThe period between the date of the title search and the date of recording, during which new liens could be filed✓ Correct
CMissing pages in the deed
DThe time between signing the contract and closing
Explanation
The 'gap' is the period between the title search and actual recording of the new deed. During this time, new liens (judgment liens, mechanic's liens) could be filed that would not appear in the search. Title insurance covers gap risks.
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