Abstract of title

Abstract of title,

Definition of Abstract of title:

  1. Abstract of title is a record of the title history of a property or other significant asset, including transfers, liens, and legal actions that are connected to the property. This document is crucial for purchasers or investors of a property as a summary of a title’s status to ensure clear title and to validate its provenance.

  2. An abstract of Title is is the brief chronological overview of all of the historical legal documentation associated with a property or asset, including titles, transfers and claims against the property. Typically, an abstract of title for a property will begin with the initial grant deed, and include all subsequent changes in ownership as well as any additional claims, including easements, encroachments, encumbrances, liens, litigations, restrictions, and tax sales.

  3. Document that establishes the status of the present title to a property, and lists all items of record (such as claims, deeds, judgments, liens) that might affect the quality of the title. Also called abstract and epitome of title where epitome is a listing (or duplicate copies) of documents going back to the root of title.

  4. A summary giving details of the title deeds and documents that prove an owners right to dispose of land, together with any encumbrances that relate to the property.

How to use Abstract of title in a sentence?

  1. The abstract of title will also record outstanding liens against the property, back taxes owed, or unresolved building code violations.
  2. Some states have adopted an alternative titling process, known as Torrens, which do not have official title histories but rather rely on physical transference of title certificates without the official recording of a deed.
  3. Solicitors insist on a full abstract of title.
  4. Whenever a property or other asset is sold, the title is transferred to the buyer. The abstract of title records that transaction history and provides an official provenance.

Meaning of Abstract of title & Abstract of title Definition

Abstract Of Title,

How To Define Abstract Of Title?

A historical summary of all government records and registered documents affecting the property.

Literal Meanings of Abstract Of Title

Abstract:

Meanings of Abstract:
  1. It consists of thoughts or ideas, but without physical or tangible existence.

  2. Related to abstract art

  3. See (something) theoretically or differently.

  4. Remove or delete (some)

  5. Prepare a written summary (of an article or book)

  6. Abstract theoretical ideas about something.

Sentences of Abstract
  1. An abstract image that looks like an abstract example

  2. Ignoring science and religion in their historical context can lead to disunity

  3. Request to draw more water from rivers

  4. Summarizes the team index and content for the online database

  5. Summary of your keynote address

  6. Great summary without frame

  7. A summary should be provided with examples

Synonyms of Abstract

take away, draw off, withdraw, synopsize, outline, abbreviate, draw, write a summary of, résumé, precis, philosophical, shorten, conceptual, summation, theoretical, metaphysical, academic, pump, cut down, abridge, condensation, non-pictorial, compress, intellectual, suck, tap, take out

Of:

Meanings of Of:
  1. Indicates the relationship between two organizations, usually one of the association.

  2. Explain the relationship between a category or general category and specific items belonging to that category.

Synonyms of Of

by, made by, carried out by, of, from, in, done by, caused by

Title:

Meanings of Title:
  1. The name of a book, compound, or other work of art.

  2. A name that describes a person's job or profession.

  3. A place to become a champion of major sports competitions.

  4. Property, position or throne rights or claims.

  5. A fixed area of ​​work (in the use of the church) and a source of income which is a condition for its arrangement.

  6. Give a name (book, mix or any other work)

Sentences of Title
  1. Become a Lease Managing Director.

  2. Davis won his first world title in 1981

  3. A local family owns this property

  4. A song called "You Russell, You".

Synonyms of Title

designate, claim to, right to, label, proprietary rights to, entitlement to, dub, term, medal, proprietorship of, cup, crown, championship, baptize, shield, tag, describe something as, give something the title of, prize, entitle, call, first place, plate