What is true when researching a chain of title on a piece of property?

Study for the California Real Estate Broker Exam. Utilize flashcards and multiple choice questions, each with hints and explanations. Prepare efficiently and effectively for your licensing exam!

When researching a chain of title on a piece of property, the notion that the current grantor was the previous grantee is fundamental to understanding property ownership transfers. The chain of title is an established chronological record of all property owners, showing how the ownership has changed over time.

In this context, a grantor is the person or entity that sells or transfers the property, while a grantee is the one receiving the property. It is essential that the current owner (grantor) has a clear link in the title back to their previous ownership (grantee). This connection must be documented through a series of title transfers, ensuring that all past ownership is accounted for and that legal claims to the property can be traced.

The other options present various misconceptions about property titles. A chain of title may not always reflect a clear or undisturbed history, and properties can have multiple owners over time, frequently involving different families. Additionally, ownership history is typically not limited to just the last three owners, as a thorough chain of title would require examining all relevant transactions that contribute to the current ownership status. Therefore, the correct understanding of ownership transfer is highlighted by the assertion regarding the relationship between grantors and grantees.

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