Question
Regarding title matters, what is the difference between actual notice and constructive notice? Identify at least five potential title problems, and explain how to solve
Regarding title matters, what is the difference between actual notice and constructive notice?
Identify at least five potential title problems, and explain how to solve them.
What is the difference between a grantor and a grantee index?
What is a lis pendens? Explain its use.
What should a title examiner look for when reviewing the recorded documents in a chain of title?
Identify and discuss the three safeguards that assure a good title. Briefly discuss each one.
How are exclusions from coverage on a title insurance policy different from exceptions to title?
What is a title commitment, and why is it important in a real estate transaction?
What are the requirements of a title insurance company to pay or defend a claim made under a title insurance policy?
List and briefly discuss five (5) remote risks that are not protected against by a competent title examination.
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