Definition
A condensed history of the ownership of a parcel of land, listing every recorded conveyance, lien, and encumbrance from the earliest record forward.
Example
In several states an attorney examines the abstract and issues a title opinion instead of a title company issuing a commitment.
Related terms
- Adverse Possession
- Affidavit of Title
- Certificate of Occupancy
- Chain of Title
- Cloud on Title
- Consideration
Frequently asked questions
What does Abstract of Title mean in real estate?
A condensed history of the ownership of a parcel of land, listing every recorded conveyance, lien, and encumbrance from the earliest record forward.
How is Abstract of Title used in practice?
In several states an attorney examines the abstract and issues a title opinion instead of a title company issuing a commitment.
This definition is provided for educational purposes. Legal and tax terminology can carry jurisdiction-specific meaning — confirm with a licensed professional before relying on it in a transaction.