What does Chain of Title mean?

This is a record of the ownership history of a piece of property, including all of the conveyances and transfers of ownership that have occurred over time. A chain of title is often used to establish the current owner's rights to the property and to ensure that there are no outstanding claims or encumbrances on the property.

Related Terms

Annuity Loan Commitment Estate Landscape Contractor Open House Proceeds of Condemnation Equivalent Level Rate (ELR) Leverage Maintenance & Emergency Repairs Bill of Sale Environmentally Friendly Home Construction Administrator Rehabilitation Mortgage REALTOR Estimated Total Costs of Renting Real estate agent Installment Contract Offer To Purchase