Escrow & Title
What is an abstract of title in Minnesota?
AA summary of current market conditions
BA condensed history of all recorded documents affecting the title to a specific parcel of land✓ Correct
CA government guarantee of clear title
DA title insurance policy
Explanation
An abstract of title is a condensed chronological history of all recorded instruments (deeds, mortgages, liens, judgments, easements) affecting title to a specific parcel. In Minnesota, an attorney reviews the abstract and issues a title opinion. It is used in the abstract (non-Torrens) system.
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