Escrow & Title
What is an 'abstract of title'?
AA summary of a property's physical characteristics
BA condensed history of all recorded instruments affecting the title to a parcel of property✓ Correct
CThe title insurance policy itself
DA survey of the property boundaries
Explanation
An abstract of title is a condensed summary of all recorded instruments (deeds, mortgages, liens, court judgments, etc.) affecting a particular parcel of property. An attorney reviews the abstract and issues a title opinion as to the quality of the title.
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