Escrow & Title
In Oklahoma, 'abstract of title' is a document that:
AIs the same as a title insurance policy
BIs a condensed chronological history of all recorded instruments affecting a parcel of land, compiled from public records by an abstractor for review by an attorney✓ Correct
CGuarantees clear title
DIs provided only for commercial properties
Explanation
An abstract of title is a compilation of all recorded documents affecting a property, prepared by an abstractor from public records. An attorney then reviews the abstract and issues a title opinion. The abstract itself is not a guarantee of title — it is just the historical record.
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