Chapter 12&13

Card Set Information

Author:
kikicutler
ID:
9152
Filename:
Chapter 12&13
Updated:
2010-03-04 16:52:12
Tags:
3 8 10
Folders:

Description:
Real Estate
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  1. chain of title
    historical sequence of all owners to a particular tract
  2. lis pendens
    notice recorded in the real property records that informs that a lawsuit affecting title to real property
  3. grantor index
    alphabetical index of the public real property records that list the last names of all people who are grantors of real property
  4. grantee index
    alphabetical index of the public real property records that list the last names of all people who are grantees of real property
  5. quiet title action
    judicial proceeding to establish the ownership of real property
  6. title examination
    examination of the real property records to determine the ownership to a particular tract
  7. affidavit
    sworn statement of fact
  8. endorsement
    method of transferring ownership of a promissory note
  9. title insurance
    contract to indemnify the insured against loss through the defects in the title to real property
  10. title insurance commitment
    a commitment or a contract by a title insurance company to issue a title insurance company

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