Definition of Chain of Title
The chain of title is the collection of all titles relating to a given property from the date of the original paperwork or if this is not available, as far back as records can be found.
Why is this term important?
The chain of title record gives the entire purchase and ownership history of a property.
Examples of term
For any given home, you can reference the chain of title to see the original builder of the property and each person who has bought and owned it since the property was initially built and sold.