Property Ownership, Transfer of Title and Land Use 10.2.3 Flashcards

1
Q

What documents are not recorded?

A

Statutory Liens

Inheritance tax liens

Franchise tax liens

Specific liens; such as:

Real Estate tax liens

Special assessment liens

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2
Q

What is chain of title?

A

Chain of Title is a record of a property’s ownership beginning with the original source of ownership and linking the passage of ownership to subsequent owners from one to the next and thus forming a chain.

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3
Q

What is the patent?

A

is the original transfer from the government to a private owner.

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4
Q

What is root of the title?

A

the beginning of private ownership.

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