Escrow & Title
Which of the following best describes an abstract of title?
AA guarantee of marketable title
BA condensed history of all recorded documents affecting title to the property✓ Correct
CA property survey showing boundary lines
DA lender's title insurance commitment
Explanation
An abstract of title is a condensed, chronological summary of all recorded instruments (deeds, mortgages, liens, easements) affecting title to a specific parcel of land, used as the basis for a title opinion.
Related Arkansas Escrow & Title Questions
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