Escrow & Title
A Virginia title company discovers a gap in the chain of title during a search. This most likely means:
AThe property has no value
BThere is a period where ownership is not clearly documented in the recorded records✓ Correct
CThe property taxes are delinquent
DThe property is in a flood zone
Explanation
A gap in the chain of title means there is a period in the recorded history where ownership transfer is not clearly documented, creating uncertainty about title. A title curative deed or other action may be needed.
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