Title Records

Question 0

**Constructive Notice

Answer 0

Legal presumption that information is available and can be obtained by an individual through diligent inquiry.

Question 1

**Recording

Answer 1

The act of placing documents in public record.

Question 2

**Title Insurance

Answer 2

A contract under which the policyholder is protected from losses arising from defects in the title. Title Insurance is the best defense of title.

Two Title Insurance Coverage Types:

1) STANDARD COVERAGE
2) EXTENDED COVERAGE

Question 3

Chain of Title

Answer 3

Record of a property’s ownership over time.

Question 4

**Abstract of Title

Answer 4

A summary report of what the title search found in the public record. It begins with the original (ROOT) grant and provides a chronological list of recorded instruments, including LIENS and ENCUMBRANCES.

Question 5

**Suit to Quiet Title

Answer 5

Establishment of ownership by a court action when CHAIN OF TITLE is broken or there is a cloud on to the title.