What is an Abstract?
An Abstract of title is the record of ownership for a particular piece of Real Estate for a period of time needed for a specific purpose. The most common purpose is for security interests in borrowing money.
For that purpose, an examination of the parcel is required for a period of 60 years. There are other reasons for an abstract as well, such as court actions, oil, gas and mineral searches, access issues and many other possible scenarios.
Our company does not carry an endorsement on our liability insurance for mineral and/or oil and gas research but will be more than willing to refer you to a competent abstracter within our referral network who can perform that search.