What information does an Abstract of Title provide?

An Abstract of Title is a comprehensive document that provides a history of ownership and related legal issues pertaining to a specific parcel of land. It summarizes the legal history of the property, including a chronological list of all recorded documents such as deeds, mortgages, liens, and encumbrances that have affected the title. This allows potential buyers, real estate professionals, and lenders to understand any legal matters pertinent to the property, which is critical in assessing the title's validity and making informed decisions regarding ownership. By capturing this thorough historical context, the Abstract of Title serves as an essential tool in real estate transactions to ensure that the title is clear and marketable, thus protecting the interests of current and future owners.