Question 1

The most common recording statute is the race recording statute.

Accepted Answer

A) True 
 B)False

Question 2

An alphabetical index by last name of all people who are sellers, borrowers, and mortgagors is known as a grantee index.

Accepted Answer

A) True 
 B)False

Question 3

A judgment, once recorded, is a lien that will last forever unless the judgment is paid.

Accepted Answer

A) True 
 B)False

Question 4

A title examiner would search in the grantee index from the present to some designated point in time in the past.

Accepted Answer

A) True 
 B)False

Question 5

Main Street Bank believes that it has a recorded mortgage on property from Dawn Sellers. Due to lack of organization at the bank, it cannot find either an original or a copy of the mortgage. Main Street hires a law firm to search title to see if the mortgage has been recorded. Would it be easier for the firm to search the Bank's name in the grantee index or Dawn's name in the grantor index?

Accepted Answer

It would be easier to locate the recorde...

Exam 12: Title Examinations

A title examiner would search in the grantee index from the present to some designated point in time in the past.

Correct Answer
verified

A judgment, once recorded, is a lien that will last forever unless the judgment is paid.

Correct Answer
verified

An alphabetical index by last name of all people who are sellers, borrowers, and mortgagors is known as a grantee index.

Correct Answer
verified

The most common recording statute is the race recording statute.

Correct Answer
verified

Correct Answer
verified
It would be easier to locate the recorde...
View Answer

Exam 12: Title Examinations

A title examiner would search in the grantee index from the present to some designated point in time in the past.

Correct AnswerverifiedShow Answer

A judgment, once recorded, is a lien that will last forever unless the judgment is paid.

Correct AnswerverifiedShow Answer

An alphabetical index by last name of all people who are sellers, borrowers, and mortgagors is known as a grantee index.

Correct AnswerverifiedShow Answer

The most common recording statute is the race recording statute.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedIt would be easier to locate the recorde...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
It would be easier to locate the recorde...
View Answer