Which would be recognized as evidence of title in Arizona?

Which would be recognized as evidence of title in Arizona?

• A. an abstract with an attorney's opinion
• B. an affidavit from the previous owner
• C. a title insurance policy
• D. a torrens certificate

Answer: (C)

A title insurance policy serves as a recognized piece of evidence of title in Arizona because it provides legal proof that the title is valid and free of certain defects at the time of issuance. The title insurance company conducts thorough research into liens, encumbrances, and ownership history before issuing the policy, thereby assuring the property owner (and any lenders) that if an issue arises related to the title, the insurance will cover related losses up to the insured amount. This makes the title insurance policy a reliable source of evidence when establishing ownership and protecting against potential claims. While other options like an abstract with an attorney's opinion or an affidavit from the previous owner may offer insights into the title history or ownership, they do not provide the same level of assurance and protection as a title insurance policy. Similarly, a Torrens certificate is specific to systems of land registration and may not be as widely applicable as the title insurance policy that is commonly recognized and utilized in Arizona real estate transactions.

A title insurance policy serves as a recognized piece of evidence of title in Arizona because it provides legal proof that the title is valid and free of certain defects at the time of issuance. The title insurance company conducts thorough research into liens, encumbrances, and ownership history before issuing the policy, thereby assuring the property owner (and any lenders) that if an issue arises related to the title, the insurance will cover related losses up to the insured amount. This makes the title insurance policy a reliable source of evidence when establishing ownership and protecting against potential claims.

While other options like an abstract with an attorney's opinion or an affidavit from the previous owner may offer insights into the title history or ownership, they do not provide the same level of assurance and protection as a title insurance policy. Similarly, a Torrens certificate is specific to systems of land registration and may not be as widely applicable as the title insurance policy that is commonly recognized and utilized in Arizona real estate transactions.