(See also “Title Plant”)ĪCKNOWLEDGEMENT – (1) Generally, the act of the maker or makers of a real estate instrument in going before a Notary Public or other judicial officer and acknowledging that they signed such instrument without fear or compulsion, and for the purposes expressed in such instrument. Basically it is an index of the recorded instruments in a county or political subdivision geographically grouped according to land description so that all of the instruments affecting a piece of land can be immediately found under the indexed heading of such land. AĪBSTRACT – Collection of all recorded deeds, mortgages, leases and other instruments affecting the title to a particular piece of land.ĪBSTRACTING – The process of making and compiling an abstract.ĪBSTRACTOR – The person or company engaged in making abstracts.ĪBSTRACT OF TITLE – Just a longer name for an abstract.ĪBSTRACT PLANT – There are a hundred different types. Without a doubt title industry has its own language, here are some commonly used words and meanings.
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