Abstract of Title

West's Encyclopedia of American Law (2005)

Jeffrey Lehman, Shirelle Phelps
Section: A–Ba
Copyright (2005) Thomson Gale. All rights reserved.
Permanent Link: http://vlex.com/vid/abstract-of-title-51570891
Id. vLex: VLEX-51570891

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Extract:

Abstract of Title

A condensed history, taken from public records or documents, of the ownership of a piece of land.

An abstract of title, or title abstract, briefly summarizes the various activities affecting ownership of a parcel of land. When a person or business agrees to purchase real estate, that person or business arranges for an examination of

the history of the property's title. This examination is known as a title search. A title search is conducted to determine that the seller of the property in fact owns the property and has a free-and-clear title. A free-and-clear title has no clouds o...



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