Escrow & Title
A chain of title in Virginia refers to:
AThe chronological list of all recorded documents affecting title to a property✓ Correct
BThe physical boundaries of a property
CThe mortgage lien priority order
DThe sequence of property inspections
Explanation
A chain of title is the complete chronological history of all recorded ownership transfers and encumbrances affecting a property, from original conveyance to the present owner.
Related Virginia Escrow & Title Questions
- A title search in Virginia should examine records how many years back to provide a full chain of title?
- In Virginia, the priority of liens on a property is generally determined by:
- A Virginia buyer's earnest money is held in escrow. The transaction falls through due to a buyer default. Who controls the release of the escrow funds?
- In a Virginia purchase, the mortgage recordation tax applies to:
- Virginia's grantor-grantee index system requires searchers to find a deed by looking in the index under:
- When a Virginia circuit court clerk records a deed, the primary purpose is to:
- In Virginia, the standard 'owner's title insurance' form from ALTA provides coverage for which type of defects?
- In Virginia, a deed of trust has how many parties?
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