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How an Abstract Is Made

With such a vast quantity of information contained in a property abstract, certain steps have to be taken to make it manageable. One of the common methods is to prepare an abstract of title, which only includes the most important information. This condensed form of real property history typically only includes a summary of the original grant, subsequent changes in ownership and any encumbrances on the property, and finally a statement by the person preparing the abstract that it is complete and accurate.

Why It Should Matter to You

If you are interested in a property, especially if you plan to purchase it, reviewing the abstract of title is a recommended first step. Examining it can provide a lot of information about the building or parcel. Most importantly, inspecting it can reveal potential risks associated with the title to you. Errors or omissions in the property title may result in monetary damages due to liens or other causes.

Title insurance is used to protect you against such an event and will usually require an abstract as a starting point. The abstract of title includes transfers, grants, wills and conveyances, liens and encumbrances. It also provides any evidence or proof of satisfaction or other facts or information pertinent to a piece of property. All potential buyers of a property should request this to determine the status of the property.

Have a legal question about buying and selling property? Ask a lawyer.

Please note: This page offers general legal information, not but not legal advice tailored for your specific legal situation. Rocket Lawyer Incorporated isn't a law firm or a substitute for one. For further information on this topic, you can Ask a Legal Pro.


Written and Reviewed by Experts
Written and Reviewed by Experts
This article was created, edited and reviewed by trained editorial staff who specialize in translating complex legal topics into plain language.

At Rocket Lawyer, we believe legal information should be both reliable and easy to understand—so you don't need a law degree to feel informed. We follow a rigorous editorial policy to ensure every article is helpful, clear, and as accurate and up-to-date as possible.

About this page:

  • This article was written and reviewed by Rocket Lawyer editorial staff
  • This article was last reviewed or updated on Sep 22, 2022

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