Admin

Evidence of Title

By
Education & Training with Rowlett Real Estate School

•There are two principal methods for giving evidence of title to a buyer:
-(1) abstract  or
-(2) title insurance.
     »An attorney uses the abstract to give an opinion of title. 

•An abstract summarizes the material parts of all recorded documents effecting title to property. - In the strict sense or the word, abstracting is becoming a lost art. With the development or microfilm, photocopying, computers, and the Internet, copies of the actual document can be inspected.

Courtesy of Rowlett Real Estate School LLC

http://www.rowlettrealestateschool.com

P.Stone, RRES

Posted by

Captain Wayne Rowlett GSI
Rowlett Real Estate School

Comments(0)