A chronological report of recorded transfers and encumbrances to the property can be obtained by a(n):
A) warranty deed.
B) title search.
C) attorney's opinion.
D) assumption of a mortgage.

Question

Quizplus · Accepted Answer

A title search is an examination of public records to determine the history of ownership and any recorded liens or encumbrances on a property. This search provides a chronological report of recorded transfers and encumbrances to the property. A warranty deed only transfers ownership without providing any information on prior transfers or encumbrances. An attorney's opinion may provide some information, but it is not a reliable source for a comprehensive title search. An assumption of a mortgage is a transfer of liability for an existing mortgage and does not provide a history of ownership or encumbrances.

A Chronological Report of Recorded Transfers and Encumbrances to the Property