Kinds Of Evidence Of title Flashcards
1
Q
Abstract of Title
A
A history and current status of a title performed by a licensed abstractor through a title examination. Which will then be examined through an attorney. Least adequate method and therefore not used in Hawaii
2
Q
Certificate of Title
A
Property registration for the “regular system”. Any document asserting a right, claim, or title against regular system should be recorded in this.
3
Q
Transfer Certificate of Title
A
Land Court system of Hawaii, also called Torrens system of title registration.
4
Q
Title Insurance
A
Required by lenders when mortgaging a property. Insurance policy where any loss from a previous occurrence on a title will be insured.