abstract of title
Abstract of Title
In
real estate, a brief history of the ownership of a piece of
property. That is, the abstract of title has a summary of all the previous owners and dates of
sale. It also lists any potential, conflicting claims to the property. See also:
Clear title.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
abstract of title
Synopsis of all prior owners and important claimants to property, with the date and origin of their rights and date and manner of termination, together with all current owners, lienholders, easements, or other such claims against the property.The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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