noun a word (other than a pronoun) used to identify any of a class of people, places, or things
preposition a word governing, and usually preceding, a noun or pronoun and expressing a relation to another word or element in the clause
Abstracts of title are used in real estate transactions to provide a summary of the history of ownership of a property, including any liens or encumbrances.
In legal contexts, abstracts of title are used to verify the ownership of real property and to ensure that there are no legal issues that may affect the title.
Abstracts of title play a crucial role in property law by providing a detailed record of the chain of ownership for a specific property.
Title insurance companies use abstracts of title to assess the risk associated with insuring a property's title and to determine the premiums to be charged.
Abstracts of title are used by real estate agents to provide a detailed history of a property's ownership, including any liens, encumbrances, or restrictions that may affect the property.
Real estate attorneys use abstracts of title to conduct title searches and ensure that the property being bought or sold has a clear and marketable title.
Title insurance agents rely on abstracts of title to underwrite title insurance policies and assess the risk associated with insuring a property's title.