Chain of title
Last modified June 7, 2023A chain of title is a list of the people who have owned a piece of real estate. In a typical chain of title, the owner of the property (“A”) will convey the property by a properly executed deed which is recorded in the public records to a buyer (“B”). Subsequently there will be a recorded deed from B to C, then from C to D, and so on. If there is a gap in the ownership chain, there may be a problem or a "Cloud" on Title.
Did you find this explanation helpful?
Top 10 terms for First-Time Home Buyers:
- VA funding fee
- Buyers Closing Costs you'll want to know about.
- ALTA (American Land Title Association) Closing Disclosure Statements
- Title company Escrow account
- Survey Fee
- Buy Down
- Buyers market definition
- Lender Inspection Fee
- Homeowner's or Hazard Insurance policy
- Government Sponsored Entity or GSE