Escrow & Title
An abstract of title is:
AA guarantee of clear title
BA summary of all recorded documents affecting the title to a property✓ Correct
CAn insurance policy against title defects
DA legal opinion on the marketability of title
Explanation
An abstract of title is a condensed history or summary of all recorded documents (deeds, mortgages, liens, etc.) affecting title to a parcel of real property.
Related Indiana Escrow & Title Questions
- A quitclaim deed conveys:
- Which party typically pays for the lender's title insurance policy?
- In Indiana, the closing disclosure must be provided to the borrower at least how many business days before closing?
- A special warranty deed in Indiana warrants title:
- A junior lien in Indiana is:
- An Indiana title plant is maintained by title companies to:
- When does title to real property typically transfer in Indiana?
- In Indiana, 'lis pendens' is a recorded notice that:
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