This refers to real estate records that list the history of the owners of a home or property. Its purpose is to ensure that the home or property is free to transfer to a new owner. The chain of title traces back to the original owner to ensure that it doesn’t contain any judgments, liens, foreclosures, and other encumbrances that would hinder the transfer of title to a new owner.
Chain of title
This refers to real estate records that list the history of the owners of a home or property. Its purpose is to ensure that the home or property is free to transfer to a new owner. The chain of title traces back to the original owner to ensure that it doesn’t contain any judgments, liens, foreclosures, and other encumbrances that would hinder the transfer of title to a new owner.