Asked by Kathy Newton on Oct 01, 2024
Which of the following is a history of what the public records show regarding the passage of title to,and other interests in,a parcel of real property?
A) Recorded deed
B) Title insurance
C) Abstract of title
D) Quitclaim deed
Abstract of Title
a summary or condensed version of the legal history of an asset, particularly real estate, detailing transfers, encumbrances, and any litigation concerning the property.
Public Records
Documents or pieces of information that are not considered confidential and are stored by public agencies, accessible by the general public.
Title Insurance
A form of insurance that protects against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans.
- Acquire knowledge on the procedure and effects of transferring ownership in property, through mechanisms like deeds and inheritance.
- Analyze the function and significance of various deeds and the warranties they offer.
Learning Objectives
- Acquire knowledge on the procedure and effects of transferring ownership in property, through mechanisms like deeds and inheritance.
- Analyze the function and significance of various deeds and the warranties they offer.