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- Hey, everybody, my name is Paul Vojchehoske and welcome to the Real Estate classroom YouTube channel. In todays video, were gonna discuss abstract of title. In my next video, were gonna discuss title search because these two need to go together. They do the same thing, its just the processes are a little bit different based on the state that theyre in. So, abstract of title in this video. (upbeat music) Hey, everybody. In this video, were gonna discuss whats called an abstract. Now, when would we use an abstract? Or, in the opening, I discussed title insurance or title searches. When would we use this? Well, when somebody buys a piece of property and that period between contract and closing, there are a lot of things that are done including inspections for the whole house there may be a septic or a well, so theres things that are going on to ensure that the new buyer is getting a property that is what they expect. Part of that is what we call a title research or an abstract
