a place where land records are geographically indexed
The information warehouse of a title company in which it has accumulated and is constantly updating title records of properties in its area which it can use to search title to real property.
Also called "abstract plant" in some areas. A geographically filed assemblage of title information that helps in expediting title examinations, such as copies of previous attorneys' opinions, abstracts, tax searches and copies or take-offs of the public records.
A compilation of records of transactions affecting particular parcels of real property. The information contained therein is otherwise available only from an examination of public records. (Back to Terms list)
The total facilities -- records, equipment, fixtures, and personnel -- required to function as a title insurance operation. Technically, the organization of official records affecting real property into a system which allows quick and efficient recovery of title information.
Also known as "abstract plant". An assemblage, available to the public, of information and documents relating to title to a particular property.
An Oklahoma title industry term that means the set of title records that are identical to those of the county recorder (clerk). Such a "plant" is required by law to be updated for the abstract company to obtain an Oklahoma abstractor's certificate of authority.
(1) In many areas, synonymous with abstract plant. (2) A geographically filed assemblage of title information which is to help in expediting title examinations, such as copies of previous attorneys' opinions, abstracts, tax searches, and copies or take-offs of the public records.
The records of a title company assembled and maintained for the purpose of issuing title insurance on real property.
A duplicate set of public records maintained by a title company.
The part of a title company where data is kept and updated on the records of all properties in a certain area and can be readily searched.
A description of the recorded documents effecting real estate maintained by a title insurance company.
