Chapter 6 Recordation, Abstracts, and Title Insurance

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Chapter 6Recordation, Abstracts, and Title
Insurance

• _________________________

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Public Records

• Constructive Notice recording documents.
• Actual Notice knowledge based on what one has
  seen, heard, read, or otherwise observed.

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The Recorders Role
The public recorders office serves as a central
information stationfor changes in rights,
estates, and interests in land.
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Acknowledgment for an Individual
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Chain of Title
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Ownership Proof

• Abstract of Title
• Title Insurance
• Title commitment
• Policy premiums
• Lenders policy
• Claims for losses

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Title Insurance
Post
Purchase/Today
Future
Title
Car, Health Homeowner
but compare
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Sample Title Report
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Sample Title Report (continued)
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Marketable Title

• Marketable title is one free from reasonable
  doubt as to who the owner is.
• Marketable Title Act stops claims to rights or
  interest in land that have been inactive for
  longer than the required statutory period.

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Key Terms

• Abstract of title
• Acknowledgment
• Actual notice
• Chain of title
• Constructive notice

• Marketable title
• Public recorders office
• Quiet title suit
• Title insurance