Escrow & Title
In West Virginia, a title plant is maintained by title companies to:
AGrow plants on the title company's property
BMaintain a private database of county land records organized for efficient title searching✓ Correct
CStore original deeds for the county
DAssess property values for lenders
Explanation
A title plant is a private repository of county land records (deeds, mortgages, liens, judgments) maintained by title insurance companies organized for efficient searching — typically indexed by grantor/grantee name or parcel. It allows faster and more efficient title searches than the county records alone.
Related West Virginia Escrow & Title Questions
- In West Virginia, the 'covenant of seisin' in a deed guarantees that:
- A West Virginia 'deed of release' (or 'satisfaction of mortgage') is recorded when:
- In West Virginia, a deed must be delivered to and accepted by the grantee during the grantor's lifetime. If the grantor dies before delivery, the deed is:
- A West Virginia 'special warranty deed' differs from a general warranty deed in that the grantor:
- In West Virginia, the purpose of a survey in a real estate transaction is to:
- Under the Foreign Investment in Real Property Tax Act (FIRPTA), a West Virginia buyer who purchases property from a foreign seller must:
- A West Virginia probate proceeding may be required to transfer real property when:
- RESPA (Real Estate Settlement Procedures Act) prohibits:
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