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Each U.S. state has a recording act, a statute which dictates the legal procedure by which an individual claiming an interest in real property (real estate) formally establishes their claim to that property. The recordation of property rights becomes particularly significant where an unscrupulous dealer in land purports to sell the same tract ...
Only a few states require their recording offices to maintain this type of index. Among these states are Nebraska, North Dakota, Oklahoma, South Dakota, Utah and Wyoming. In addition, some other states permit recording offices to maintain tract indexes (for example, Kansas, Minnesota, Montana, Ohio, and Wisconsin).
A property abstract is a summary of the legal documents that chronicle transactions associated with a particular parcel of land.Generally included are references to deeds, mortgages, wills, probate records, court litigations, and tax sales—basically, any legal document that affects the property.
A sale agreement on real estate is legally binding even without registration in the land register, the only requirement being certification of the agreement by a notary. Registration is required, however, in order for the new owner to sell or otherwise transfer the property, or enter a mortgage.
Cadastral map from 1827 in Austria (Franziszeischer Kataster []) A modern cadastral map for Eastern EnglandA cadastre or cadaster (/ k ə ˈ d æ s t ə r / kə-DAS-tər) is a comprehensive recording of the real estate or real property's metes-and-bounds of a country.
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