What is the role of an "abstractor" in title insurance?

The role of an "abstractor" in title insurance primarily revolves around conducting thorough research and preparing a detailed report that summarizes the title history of a property. This crucial process involves examining various public records, such as deeds, court records, and other documents related to property ownership to create an abstract of title. This abstract outlines the chain of ownership and any claims or encumbrances that may affect the property's title.

By preparing this report, the abstractor provides essential information that helps title insurance companies assess the risks associated with insuring the property. Ensuring that potential issues, such as liens, easements, or disputes over ownership, are identified allows the title insurer to issue clear title insurance policies. This role is vital in maintaining the integrity of real estate transactions and protecting buyers and lenders from future claims against the title. Understanding the function of an abstractor helps clarify their importance in the title insurance process, as they provide the foundational documentation used by insurers to evaluate title risks.