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 Torrens certificate.

Question

Quizplus · Accepted Answer

A title insurance commitment is the most common form of evidence of title used in current real estate transactions, as it offers protection to both the buyer and seller in case any issues arise with the title down the line. An abstract of title or attorney's opinion are other forms of evidence that can be provided, but they do not offer the same level of protection as title insurance. A Torrens certificate is a form of proof of ownership used in certain states, but it is not commonly used in all real estate transactions.

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