Title Records Flashcards
Passing of Title
passes on delivery and acceptance of a deed, not recording
Recording Fees
$60 for the first page, $5 for each additional page; with consideration over $2000 there is an additional $2 fee
Day Book
there is sometimes a few days time lapse between the recording of a document and the town clerk’s indexing it in the grantor/grantee lists so it will be documented in the day book
Title Search
consists of examining all relevant land records related to the property; purchaser assumes responsibility
Abstract of Title
detailed accounting of the status of the title
Title Insurance
insurance policy insuring the states of the title
Certificate of Title
brief summary on the status of the title
Torrens System
CT does not recognize or employ the torrens system or any other system of land title registration
Marketable Record Title
one that is unbroken for a period of 40 years