Asked by julien paltrinieri on May 21, 2024
Verified
Which of the following statements is true regarding title examinations of commercial properties?
A) Approval of local government zoning authorities may be needed.
B) An environmental regulator may need to sign off on the property's use.
C) There may need to be investigation for prior environmental contaminants.
D) All of these choices are correct.
Title Examinations
A process in real estate transactions that reviews and verifies the legality of a property's title to ensure it is free from claims or liens.
Environmental Contaminants
Substances introduced into the environment that cause harm or discomfort to the ecosystems or organisms living there.
Zoning Authorities
Local government agencies responsible for defining and enforcing land use regulations within their jurisdictions.
- Understand the purpose and process of title examinations and the importance of accurate property descriptions.
Verified Answer
Learning Objectives
- Understand the purpose and process of title examinations and the importance of accurate property descriptions.
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