Illinois Real Estate Exam

Category - Real Estate

Occasionally, the title to real property becomes unmarketable. Which of the following causes would be least likely to result in that eventuality?

  1. Imperfect title, due to a breach caused by adverse possession of a prior owner
  2. A lis pendens filed by the husband of the owner of record
  3. Restrictions imposed by a private owner through a deed notation
  4. Public restrictions contained in zoning ordinances and building codes
Explanation

Answer: D - Public restrictions rarely cause title to real property to be unmarketable; private restrictions sometimes do.

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