A contract for sale of real estate usually calls for the seller to provide evidence of title as a requisite to completing the sale. Today, the predominant medium through which a seller meets this requirement is by providing:
A) only a title abstract.
B) only an attorney's opinion of title.
C) only a title insurance commitment.
D) only a seller's disclosure

Question

Quizplus · Accepted Answer

A title insurance commitment is the most common and efficient means to provide evidence of title in a real estate sale. It guarantees the status of the title and insures against any potential damages or issues that could arise from the title. A title abstract or attorney's opinion may also be provided, but they do not provide the same level of protection as title insurance. A seller's disclosure is not typically used to provide evidence of title, but rather provides information on the condition and history of the property itself.

A Contract for Sale of Real Estate Usually Calls for the Seller