Commercial Real Estate In Michigan -  Jonathan Brateman Properties
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Glossary

RECORDATION, ABSTRACTS, AND TITLE INSURANCE


Abstract- a summary of all recorded documents affecting the title to a given parcel of land

Acknowledgement- a formal declaration by a person signing a document that he or she, in fact, did sign the document

Chain of Title- the linkage of property ownership that connects the present owner and the original source of title

Marketable Title- title that is free from reasonable doubt as to who the owner is

Quiet Title Suit- court- ordered hearings held to determine land ownership

Title Insurance- an insurance policy against defects in title not listed in the title report or abstract

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Jonathan Brateman

40015 Grand River
Suite 105
Novi, Michigan 48375

(248) 477-5000
FAX: (248) 919-5976

Commercial Realestate Properties represented by Jonathan Brateman Properties

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