An attorney examines an abstract of title and renders an opinion concerning the status of the title when assuring a marketable title.

Question

Quizplus · Accepted Answer

This is a correct statement. An abstract of title is a summary of all of the recorded instruments and proceedings in a chain of title for a specific piece of real estate. An attorney will review the abstract of title and provide an opinion on the status of the title in order to assure that a marketable title can be conveyed to a prospective buyer.

An Attorney Examines an Abstract of Title and Renders an Opinion