Ch. 9 - Gold Coast Real Estate Course
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2026/2027
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Terms in this set (78)
,Which statement best a. Actual notice is provided by physical
describes the difference possession, whereas constructive notice
between actual notice and is achieved by recording documents in
constructive notice? the public records.
a. Actual notice is provided by
physical possession, whereas
constructive notice is achieved
by recording documents in the
public records.
b. Actual notice is provided
when a deed i recorded in the
public record, whereas
constructive notice is implied
by possession of legal papers
c. Actual notice provides
evidence of legal ownership,
whereas constructive notice
does not provide evidence of
legal ownership.
d. actual notice provides the
best evidence of ownership
since it has a higher legal
priority than constructive
notice.
, What is a chain of title? a timeline of recorded documents
resulting from a search of the public
records that links all past owners of a
parcel of land from the root of title to the
present day.
What is an abstract? Compilation of documents with a cover
page, or caption, containing documents
that may affect the title in addition to the
chain of title.
All of the following statements c. An attorney's opinion of title is a
about an opinion of title are guarantee that the title is good.
accurate, EXCEPT:
a. An opinion of title is written
statement of opinion
b. An attorney forms an
opinion of title after reviewing
the abstract from a title search
c. An attorney's opinion of title
is a guarantee that the title is
good.
d. An attorney can be sued if
his or her opinion of title is
later determined to have been
faulty.
Exam | Questions with 100% Correct
Answers | Verified | Latest Update
2026/2027
Save
Terms in this set (78)
,Which statement best a. Actual notice is provided by physical
describes the difference possession, whereas constructive notice
between actual notice and is achieved by recording documents in
constructive notice? the public records.
a. Actual notice is provided by
physical possession, whereas
constructive notice is achieved
by recording documents in the
public records.
b. Actual notice is provided
when a deed i recorded in the
public record, whereas
constructive notice is implied
by possession of legal papers
c. Actual notice provides
evidence of legal ownership,
whereas constructive notice
does not provide evidence of
legal ownership.
d. actual notice provides the
best evidence of ownership
since it has a higher legal
priority than constructive
notice.
, What is a chain of title? a timeline of recorded documents
resulting from a search of the public
records that links all past owners of a
parcel of land from the root of title to the
present day.
What is an abstract? Compilation of documents with a cover
page, or caption, containing documents
that may affect the title in addition to the
chain of title.
All of the following statements c. An attorney's opinion of title is a
about an opinion of title are guarantee that the title is good.
accurate, EXCEPT:
a. An opinion of title is written
statement of opinion
b. An attorney forms an
opinion of title after reviewing
the abstract from a title search
c. An attorney's opinion of title
is a guarantee that the title is
good.
d. An attorney can be sued if
his or her opinion of title is
later determined to have been
faulty.
