Abstract Of Title


DEFINITION of 'Abstract Of Title'

A brief history of the titles for a piece of land. The abstract of title lists all of the legal actions that have been performed or used in conjunction with a piece of property. This is used to determine whether or not there is any kind of claim against a property.

BREAKING DOWN 'Abstract Of Title'

The abstract of title includes transfers, grants, wills and conveyances, liens and encumbrances. It also provides any evidence or proof of satisfaction or other facts or information pertinent to a piece of property. All potential buyers of a property should request this to determine the status of the property.

  1. American Land Title Association ...

    A trade association representing the title insurance industry. ...
  2. Defective Title

    A piece of property or asset that has a publicly-recorded encumbrance, ...
  3. Quiet Title

    A lawsuit filed to establish ownership of real estate when ownership ...
  4. Perfect Title

    A title deed for real estate that does not have any liens attached ...
  5. Title

    The right to the ownership and possession of any item that may ...
  6. Title Search

    An examination of public records to determine and confirm a property's ...
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