abstract deed

abstract deed

Colloquial expression used to refer to the original deed from the government to the first private owner of a parcel of land. Other times, it is meant to describe a deed that recites all former owners and their dates of acquisition. Sometimes purchasers who request an abstract deed mean to communicate that they want title insurance or a title opinion in addition to the deed. Technically, there is no legal instrument called an abstract deed. (When you encounter this expression,ask questions in order to determine what is meant.)
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.