harriet is searching a title in connection with a closing scheduled to occur in four days. in her search, she discovers a deed in the chain of title is missing. harriet calls around and discovers that the person who should have granted the missing deed recently died, and the family of the deceased is trying to open an estate. at a minimum, what is the most likely result of these facts?

The most likely result of the facts that have been presented here is that Parties will put off shutting. There is a veil over the title, and the chain of title is broken. As a result, the closing will be postponed until the title's cloud is lifted, rendering the title unmarketable.

What is the chain of title?

The history of a piece of property's ownership is referred to as the chain of title. Normally, titles for land and real estate, personal property, such a car, or a business are registered. Typically, a centralized registry or authoritative authority registers and maintains titles.

The chain of title shows how ownership has historically changed hands from the present owner to the founding owner. It's crucial to maintain thorough title records in order to prove who owns a piece of property or an asset.

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