abstract of title

abstract of title
abstract of title: a summary statement of the successive conveyances and other facts on which a title to a piece of land rests

Merriam-Webster’s Dictionary of Law. . 1996.

abstract of title
A short history of a piece of land tracing title through all conveyances, transfers, and liens or encumbrances; used to prove an owner’s right to the property.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.

abstract of title
in unregistered land, a statement, in chronological order and beginning with a good root, of all the instruments and events over the period of the title, showing how the vendor came to acquire the land and, where appropriate, what has happened to it between the acquisition and the current transaction. The period of title is currently 15 years. See Schedule 6, Law of Property Act 1925.

Collins dictionary of law. . 2001.

abstract of title
A short history of a piece of real estate that lists any transfers in ownership as well as any liabilities attached to it, such as mortgages, easements, liens, or property taxes. It is usually prepared by an abstracter or title insurance agent.
Category: Real Estate & Rental Property → Buying a House
Category: Real Estate & Rental Property → Selling a House

Nolo’s Plain-English Law Dictionary. . 2009.

abstract of title
A traditional method of deducing title used in unregistered conveyancing. Although rarely used now in practice, an abstract will summarise all dealings with the property interest, beginning with the root of title. It will also mention whether documents have been stamped and executed, although it is up to the person investigating title to check that the stamping is sufficient and the execution appropriate.
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Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

abstract of title
A condensed history, taken from public records or documents, of the ownership of a piece of land.

Dictionary from West's Encyclopedia of American Law. 2005.

abstract of title
A condensed history, taken from public records or documents, of the ownership of a piece of land.
II A chronological summary of all official records and recorded documents affecting the title to a parcel of real property.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

abstract of title
   the written report on a title search which shows the history of every change of ownership on a piece of real estate, and any claims against the property, such as easements on the property, loans against it, deeds of trust, mortgages, liens, judgments, and real property taxes. Some abstracts only go back in history to the last change in title. In some places the abstract of title is prepared by a title company, and in other places by an individual who is called an abstractor. Most buyers and all lenders require the title report with an abstract. The information in the abstract is up to the moment, comes from the local county recorder's office, and usually requires an expert search.
   See also: chain of title title report

Law dictionary. . 2013.

Look at other dictionaries:

  • Abstract of title — Abstract Ab stract , n. [See {Abstract}, a.] 1. That which comprises or concentrates in itself the essential qualities of a larger thing or of several things. Specifically: A summary or an epitome, as of a treatise or book, or of a statement; a… …   The Collaborative International Dictionary of English

  • abstract of title — A chronological history of property showing the chain of title from its original grant to the present ownership. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms 2012 …   Glossary of Bankruptcy

  • abstract of title — n. a brief history of the ownership of a piece of real estate, from the original grant through the present holder, including a statement of liens to which it may be subject …   English World dictionary

  • Abstract of title — An abstract of title is the condensed history of title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property and a certification by the… …   Wikipedia

  • abstract of title — A written report summarizing the history of title transactions and conditions of title that affect a given piece of land covering the period from the present back to a date in the past. A comprehensive, but cumbersome, and somewhat obsolete,… …   Financial and business terms

  • Abstract Of Title — A brief history of the titles for a piece of land. The abstract of title lists all of the legal actions that have been performed or used in conjunction with a piece of property. This is used to determine whether or not there is any kind of claim… …   Investment dictionary

  • abstract of title — A document used in conveyancing land that is not registered to show how the vendor derived good title. It consists of a summary of certain documents, such as conveyances of the land, and recitals of certain events, such as marriages and deaths of …   Big dictionary of business and management

  • abstract of title — A condensed history of the title to land, consisting of a synopsis or summary of the material or operative portion of all the conveyances, of whatever kind or nature, which in any manner affect said land, or any estate or interest therein,… …   Black's law dictionary

  • abstract of title — A short account of the state of the title to real estate, or a synopsis of the instruments which show title an epitome of the record evidence of title. 1 Am J2d Abstr T § 1. It should contain a full summary of all grants, conveyances, wills and… …   Ballentine's law dictionary

  • abstract of title — noun a chronological statement of the instruments and events, traced back to the original grant of title, under which a person is currently entitled to property; not applicable to property held under Torrens Title, title to which depends upon… …   Australian English dictionary

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