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Real Estate Principles

Business

Quiz 5 :

Recordation Abstracts and Title Insurance

Quiz 5 :

Recordation Abstracts and Title Insurance

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Documents are recorded by
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Multiple Choice
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B
Documents are recorded by submitting the original document, which is photocopied and placed on file.

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An instrument effecting the title to a parcel of real estate gives constructive notice to the world when it is recorded with the
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A
Real property records are recorded with the county recorder's office.

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Which statement is true of title insurance?
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B
Title insurance insures the owner against defects in title.

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A notary public's commission expires on January 1, 2010. He may take a valid acknowledgement
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An acknowledgement can be witnessed by a notary public
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Albert owns a certain parcel of land. You cold most easily find Albert's name and this parcel listed in the
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What is an abstract of title?
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Deeds are recorded
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Most title insurance does not insure against
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Information regarding pending law suits would be found in the
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The recording of an instrument in the proper county provides the public with
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All of the following real estate documents are usually recorded EXCEPT
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A report on the claims to title is prepared. It contains a listing of the full chain of title for 80 years. It concludes with a statement of an attorney stating the current condition of the title and who presently has claim to it. In most states this document would be known as a
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Notice of ownership given by one's presence on his land is called
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A title report usually includes all of the following EXCEPT
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Which of the following most correctly describes "chain of title"?
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Which of the following is true of an acknowledgement?
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To be certain that the seller is actually the owner of the property, the buyer should order
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A public records office will record which of the following documents affecting land?
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A deed, which is not recorded, is
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