Escrow & Title
What is an 'abstract of title' in Oregon real estate?
AA guarantee that title is free of all defects
BA condensed history of a property's title, summarizing all recorded documents✓ Correct
CAn insurance policy protecting lenders against title defects
DA court order clearing a title dispute
Explanation
An abstract of title is a condensed chronological summary of all recorded documents affecting a property's title, including deeds, mortgages, liens, judgments, and other encumbrances. An attorney or title professional reviews the abstract to issue a title opinion, though in Oregon title insurance has largely replaced this process.
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