Chain of Title Problems; Title Insurance Flashcards
1
Q
Legal Blinders Rule Majority
A
must only search in sequential order and are not on notice of “wild deeds” not within the chain of title.
Policy – respecting people’s time. Not putting an unreasonable burden on the parties.
2
Q
Legal Blinders Rule Minority
A
on constructive notice of everything recorded
3
Q
Title Insurance developed because
A
Developed bc of the inadequacies of public records in protecting private titles
4
Q
Does title insurance run with the land
A
Title insurance does not run with the land so only the insured is protected
5
Q
What does title insurance protect
A
Title insurance only protects things on the record
