RunSensible’s Legal Dictionary

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Legal Dictionary

Abstract Book

An abstract book is a compilation that documents the registered interests, historical ownership, and legal status of properties. It includes summaries of key information such as ownership history, property descriptions, liens, encumbrances, and other pertinent legal and financial details. Abstract books are often used in real estate transactions to provide a comprehensive reference of a property’s legal and historical background, ensuring that all relevant information is accessible for decision-making.

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