Meagan has been asked to search the chain of title to a cottage property located on the Lake of the Woods in Northwestern Ontario.What was the most likely result of the investigation if the deal proceeds after Meagan completes the search?
A) notification of deed of ownership
B) vicarious liability for deed defects
C) notification of unregistered deed
D) verification of ownership and clear title

Question

Quizplus · Accepted Answer

The purpose of a title search is to verify ownership and ensure there are no encumbrances or defects in the title, allowing the deal to proceed with a clear title.

Meagan Has Been Asked to Search the Chain of Title