Escrow & Title
A chain of title in West Virginia refers to:
AThe lender's security interest in the property
BThe sequence of recorded ownership documents tracing title back to the original grant✓ Correct
CThe list of liens currently attached to a property
DThe order in which mortgages are paid at closing
Explanation
A chain of title is the chronological sequence of recorded deeds and other documents establishing ownership history from the earliest recorded grant to the present owner. Title examiners review the chain of title to identify defects.
Related West Virginia Escrow & Title Questions
- For a deed to be valid and convey real property in West Virginia, it must include all of the following EXCEPT:
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- A West Virginia 'special warranty deed' differs from a general warranty deed in that the grantor:
- An abstract of title in West Virginia is best described as:
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- A West Virginia buyer receives a closing disclosure three business days before closing. If the buyer discovers an error in the loan amount, the buyer should:
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