This topic contains a solution. Click here to go to the answer

Author Question: What is a title abstract and how is it related to a title search? What will be an ideal ... (Read 120 times)

Shelles

  • Hero Member
  • *****
  • Posts: 582
What is a title abstract and how is it related to a title search?
 
  What will be an ideal response?

Question 2

What is a title examination and how is it different from a title search? How is it different from a title abstract?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Answer to Question 1

A title abstract is a written listing of all recorded documents and notices of public record which affect a particular piece of property. The abstract is the result of the title search.

Answer to Question 2

A title examination is the process of reviewing the chain of title and all documents and restrictions listed in the abstract. The title search searches the records, the abstract lists the items located during the search and provides copies of those documents, and the examination determines whether the items affect the seller's ability to convey good title. The items which affect title are then compiled and presented in the title report.





 

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

For a complete list of videos, visit our video library