Escrow & Title
In South Carolina, what is a 'title abstract'?
AA summary of title insurance coverage
BA condensed history of all recorded instruments affecting title to a property✓ Correct
CThe appraiser's summary of property value
DA mortgage payoff statement
Explanation
A title abstract (abstract of title) is a condensed compilation of all recorded documents (deeds, mortgages, liens, easements, judgments) affecting title to a parcel. It is prepared by an abstractor and reviewed by an attorney to render a title opinion.
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