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An abstract of title is the condensed history of the 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 abstractor that the history is complete and accurate.
The title abstract is provided to the title company, attorney, or end-user by the abstractor. For example, a title report may also show any easements, or recorded encumbrances against the property or portions of the property.
The abstract of title, used in real estate transactions, is the more common form of abstract. An abstract of title lists all the owners of a piece of land, a house, or a building before it came into possession of the present owner. The abstract also records all deeds, wills, mortgages, and other documents that affect ownership of the property ...
In United States law, evidence of title is typically established through title reports written up by title insurance companies, which show the history of title (property abstract and chain of title) as determined by the recorded public record deeds; [11] the title report will also show applicable encumbrances such as easements, liens, or ...
Abstract may refer to: "Abstract", a 2017 episode of the animated television series Adventure Time; Abstract, 1962 album by Joe Harriott; Abstract algebra, sets with specific operations acting on their elements; Abstract of title, a summary of the documents affecting the title to a parcel of land; Abstract (law), a summary of a legal document
Historically, the person who wanted to understand the title would hire an abstractor to write a property abstract showing the chain of title. However, if the abstractor makes an error, the client may only be compensated if the attorney is negligent, subject to the limit of his financial responsibility (including his liability insurance). [6]
Abstraction is one of Jung's 57 definitions in Chapter XI of Psychological Types. There is an abstract thinking, just as there is abstract feeling, sensation and intuition. Abstract thinking singles out the rational, logical qualities ... Abstract feeling does the same with ... its feeling-values. ...
The informative abstract, also known as the complete abstract, is a compendious summary of a paper's substance and its background, purpose, methodology, results, and conclusion. [ 23 ] [ 24 ] Usually between 100 and 200 words, the informative abstract summarizes the paper's structure, its major topics and key points. [ 23 ]