Across
- 3. A gap in the chain or other dispute of ownership creates a _____ on the title, which is resolved by a suit to quiet title
- 6. ______ notice of a document is assumed when due diligence (such as a search of public records and inspection of the property) would reveal its existence
- 9. An _____ of title, prepared by an abstractor or an attorney, is a summary report of what the title search reveals. It includes all recorded liens and encumbrances and lists records searched but does not indicate forgeries and interests that are unrecorded or could be discovered by property inspection
- 10. Mortgagee title policies protect ______ against loss
Down
- 1. A written summary of the history of all conveyances and legal proceedings affecting a specific parcel of real estate is called an _____ of title
- 2. A buyer bought a house, received a deed, and moved into the residence but neglected to record the document. One week later, the seller died and the heirs in another city, unaware that the property had been sold, conveyed title to a relative, who recorded the deed. Who owns the property? The ______
- 4. A ______ title is one that a reasonably well-informed and prudent purchaser would accept because it does not have serious defects and does not rely on doubtful questions of law or fact to prove its validity, so that it does not expose the purchaser to litigation or threaten the purchaser's quiet enjoyment of the property
- 5. The ______ system provides a certificate of title issued by the county clerk that requires further search to validate
- 7. Unrecorded rights of parties in possession is only covered by an ______ coverage title insurance policy
- 8. The _____ of title is a record of property ownership, but it does not include liens and other encumbrances
- 9. ______ notice means that an individual has direct knowledge of both the documents in the public records and any facts that would be revealed by an inspection of the property