Property Ownership, Transfer of Title and Land Use 10.0.3 Flashcards
1
Q
Documents that are commonly used as proof of title are:
A
A certificate of title/an abstract of title
A title insurance policy
A Torrens Certificate
2
Q
A certificate of title can be prepared by?
A
A title company, licensed abstractor, or attorney
3
Q
What does a certificate of title do?
A
certifies the condition of the title based on an examination of the public records.
4
Q
Examination of public records is called what?
A
Title Search
5
Q
Who can formulate a statement of opinion regarding the status of the title?
A
the abstractor, attorney, or title officer
