Property Ownership
In South Carolina, 'abstract of title' is prepared by:
ASCREC before any property can be listed
BA title abstractor who examines and summarizes the chain of title from public records✓ Correct
CThe county assessor as part of property tax assessment
DThe listing agent before marketing the property
Explanation
A title abstract is prepared by a title abstractor (or title company) who searches and summarizes public records related to a specific property. An attorney then examines the abstract to render a title opinion or a title insurance company uses it to issue a policy.
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