Description should include
- purpose of a title search
- identification of who
- initiates a title search
- performs a title search
- pays for the title search
- description of when the title search is ordered and performed.
Description also should include
- defining a cloud on a title
- describing how that cloud is cleared
- identifying a clear title
- describing how a title is transferred
- explaining the chain of title.
Additionally, description should include legal definitions of the types of title searches as provided by the Real Estate Commission or commission-approved textbooks.
DPOR correlation: 18VAC135-20-400. 18 (Search, examination, and registration of title)
Process/Skill Questions:
- What is a title abstract?
- What is title insurance commitment?
- What is the umbrella organization of the title insurance industry?
- Who typically completes the title search?
- What are some examples of things that would cause a cloud on a title?
- How can a cloud on a title be resolved?