abstract of title


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Related to abstract of title: Certificate of title, attorney's opinion 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.

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.
References in periodicals archive ?
Upon our review of the abstract of title, we noted that some time in April of 2006, a New York limited liability company (Company A) conveyed its interest in the property to another New York limited liability company (Company B) for over $16 million.
Mentioned in an abstract of title of premises between 1770-1822, Five Ways itself was the meeting place not only of Islington and Hagley Row but also of Islington Row, going in an easterly direction down the hill towards Bristol Street; of Long Lane to the south, which was the route to Harborne; and of Ladywood Lane on the west which meandered to Rotton Park and Smethwick.
l, 2010 sales of an abstract of title to either a prospective purchaser of real estate property or to an attorney who uses the abstract in connection with an opinion of title are now considered taxable information services and subject to sales tax.