Which of the Following Would Be Revealed by a Title

question 33

Multiple Choice

Which of the following would be revealed by a title report?

• A) Name of current record title holder
• B) Status of taxes
• C) List of all easements, covenants, and restrictions
• D) All of the above
• E) None of the above

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Definitions:

Federal Government Revenue

Federal government revenue consists of the money received by a government from taxes and non-tax sources to finance government activities.

Social Security Taxes

Social Security Taxes are taxes collected from employees and employers to fund the Social Security program, which provides retirement, disability, and survivor benefits.

Direct Tax

A tax levied directly on an individual's or organization's income or wealth, such as income tax or property tax.

Indirect Tax

A tax collected by an intermediary from the person who bears the ultimate economic burden of the tax; examples include sales taxes and value-added taxes.