Abstract of title
A short history of title to land noting all conveyances,transfers, grants, wills, and judicial proceedings, and all encumbrances andliens, together with evidence of satisfaction and any other facts affectingtitle. | ||||
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Abstract (Of Title) definition was found in categories: Business & Finance(1) Language, Idioms & Slang(1) Encyclopedia(1)
Abstract (Of Title) Definition from Business & Finance Dictionaries & Glossaries
| Debt Busters |
Abstract (Of Title)
A summary of the public records relating to the title to a particular piece of land. An attorney or title insurance company reviews an abstract of title to determine whether there are any title defects which must be cleared before a buyer can purchase clear, marketable, and insurable title.
A summary of the public records relating to the title to a particular piece of land. An attorney or title insurance company reviews an abstract of title to determine whether there are any title defects which must be cleared before a buyer can purchase clear, marketable, and insurable title.
Abstract (Of Title) Definition from Language, Idioms & Slang Dictionaries & Glossaries
| hEnglish - advanced version |
abstract of title
abstract of title
(law), an epitome of the evidences of ownership...
see also abstract
abstract of title
(law), an epitome of the evidences of ownership...
see also abstract
Abstract (Of Title) Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Abstract of title
An abstract of title is the condensed history of title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and a certification by the abstractor that the history is complete and accurate. In the United States, the abstract of title furnishes the raw data for the preparation of a policy of title insurance for the parcel of land in question.
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