Title & Closing
An abstract of title is a summary of the property's ownership history and public records—deeds, liens, and other documents—used to verify clear title.
Binder is a title and closing concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of purchase process deals.
Buyer Credits is a title and closing concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of purchase process deals.
Chain of Title is a title and closing concept that describes a specific aspect of how real estate transactions, analysis, or operations work in the context of purchase process deals.
Clear title means the property's ownership is free of liens, clouds on title, and disputes—the owner can sell or finance without unresolved claims against the property.
A closing attorney is a lawyer who coordinates real estate closings—preparing documents, conducting the closing, and ensuring clear title transfer—in states where attorneys handle closings instead of title-company escrow-officers.