Escrow & Title
A cloud on title in Wisconsin refers to:
AA property located in a flood zone
BAny outstanding claim, lien, or encumbrance that may impair clear title✓ Correct
CAn ambiguous legal description
DA deed that was signed but not notarized
Explanation
A cloud on title is any outstanding claim, lien, or encumbrance (such as an old unsatisfied mortgage, judgment, or disputed deed) that may impair the owner's ability to convey clear title.
Related Wisconsin Escrow & Title Questions
- A Wisconsin 'commitment for title insurance' is issued after the title search and:
- A Wisconsin deed must contain which of the following to be valid?
- A Wisconsin 'insured closing letter' (also called a 'closing protection letter') from a title company protects the lender from:
- A Wisconsin 'certificate of title' differs from a 'Torrens certificate' in that a Torrens certificate:
- RESPA prohibits Wisconsin lenders from requiring borrowers to use a specific:
- In a Wisconsin transaction, who typically pays for the owner's title insurance policy?
- A Wisconsin commercial closing uses an escrow arrangement. The closing agent will:
- A Wisconsin buyer's closing costs typically include all of the following EXCEPT:
Practice More Wisconsin Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wisconsin Quiz →