Escrow & Title
A Vermont buyer's attorney discovers a gap in the chain of title. This means:
AThe property's square footage is not recorded
BThere is a missing link in the sequence of recorded ownership that could indicate a flaw in title✓ Correct
CThe property has an unpaid mortgage
DThe title insurance premium has not been paid
Explanation
A gap in the chain of title means that a link in the sequence of recorded ownership transfers is missing — for example, a period where ownership cannot be traced from grantor to grantee. This creates a title defect that must be resolved before title insurance can be issued and the sale closed.
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