abstract of title

abstract of title. A concise statement, usu. prepared for a mortgagee or purchaser of real property, summarizing the history of a piece of land, including all conveyances, interests, liens, and encumbrances that affect title to the property.

— Also termed brief; brief of title. [Cases: Abstracts of Title

1. C.J.S. Abstracts of Title §§ 2–3, 5.]

good and merchantable abstract of title. An abstract of title showing clear, good, and marketable title, rather than showing only the history of the property. See clear title, good title, and marketable title under TITLE(2).

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词条贡献者

译者Paul，毕业于一所培养最顶级翻译人才的语言学院，擅长翻译各种与地产争端解决相关的法律文件。