Title Insurance Flashcards
1
Q
Title Insurance
A
insures against all defects of record and defects the grantee may be aware of.
2
Q
Any exceptions not insured by the title policy
A
must be shown on the face of the policy
3
Q
Title insurance does
A
not pass to subsequent purchasers
4
Q
Marketable title
A
title to real property is free from Encumbrances (mortgages, easements, liens, and defects)
5
Q
An unrecorded easement
A
is a defect in marketable title
