What Is A Land Abstract In Oklahoma

It shows the names of all the owners how long each held title and what each paid for the property.

What is a land abstract in oklahoma. An abstract of title is a written chronology of all recorded documents and proceedings related to a specific piece of real estate. The oklahoma state legislature adopted the oklahoma abstractors law title 1 january 1 2008 which directs the oklahoma abstractors board to regulate oklahomas abstract industry. The abstract is a book made up of bound photocopies of all documents that have been filed on a particular legal description these documents can affect the chain of title or ownership of that piece of property. While some abstract plants in oklahoma still consist of actual paper copies and a set of file cards many are now virtual abstract plants stored on computer equipment.

An abstract of title is a compilation in orderly arrangement of the materials and facts of record in the office of the county clerk and court clerk affecting the title to a specific tract of land issued pursuant to a certificate certifying to the matters therein contained. In oklahoma there usually is a hard copy abstract that passes to the buyers of the property from the sellers. It is a certified bound collection of legal documents on a particular parcel of land. Among the types of documents included in an abstract of title are the following.

This index provides an efficient method for identifying and locating all records pertaining to a described piece of land to compile them into a certified abstract of title. The abstract is a book made up of bound photocopies of all documents that have been filed on a particular legal description.