Abstractor of title
Encyclopedia
An abstractor of title is a person who prepares and certified the condensed history (known as an abstract of title) of the ownership of a particular parcel
of real estate
, consisting of a summary of the original grant and all subsequent conveyance
s and encumbrance
s affecting the property
.
Lot (real estate)
In real estate, a lot or plot is a tract or parcel of land owned or meant to be owned by some owner. A lot is essentially considered a parcel of real property in some countries or immovable property in other countries...
of real estate
Real estate
In general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
, consisting of a summary of the original grant and all subsequent conveyance
Conveyancing
In law, conveyancing is the transfer of legal title of property from one person to another, or the granting of an encumbrance such as a mortgage or a lien....
s and encumbrance
Encumbrance
Encumbrance is legal technical terminology for anything that affects or limits the title of a property, such as mortgages, leases, easements, liens, or restrictions. Also, those considered as potentially making the title defeasible are encumbrances...
s affecting the property
Property
Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation...
.