An Abstract of Title is a condensed history of the legal ownership of a piece of land, including all conveyances, transfers, grants, wills, judicial proceedings, encumbrances, and liens, as well as evidence of satisfaction and other facts affecting the title.
A title abstract, often referred to as an abstract of title, is a brief history of the ownership of a particular piece of real estate. It includes a summary of legal actions, claims, and other notations that might affect the property's ownership.
A title report provides a detailed depiction of the current state of a property title, including easements, covenants, liens, and any other defects. It does not, however, describe the chain of title.
