Which item is NOT typically identified in an Ownership and Encumbrance Report (O&E)?

Which item is NOT typically identified in an Ownership and Encumbrance Report (O&E)?

• A. Last recorded owner
• B. Flood zone designation
• C. Legal description
• D. Recorded unreleased deeds of trust or mortgage

Answer: (B)

An Ownership and Encumbrance Report focuses on who owns the property and what claims against it could affect title. It includes the current owner and the legal description to identify the exact parcel, and it lists encumbrances such as recorded deeds of trust or mortgages that are tied to the property. A flood zone designation, however, comes from flood hazard maps used for insurance and risk assessment, not from the title or recorded encumbrances. Therefore, flood zone designation is not typically identified in an O&E.

An Ownership and Encumbrance Report focuses on who owns the property and what claims against it could affect title. It includes the current owner and the legal description to identify the exact parcel, and it lists encumbrances such as recorded deeds of trust or mortgages that are tied to the property. A flood zone designation, however, comes from flood hazard maps used for insurance and risk assessment, not from the title or recorded encumbrances. Therefore, flood zone designation is not typically identified in an O&E.