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Claremore Abstract & Guaranty Co.

An abstract is the history of a parcel of land based on its legal description. The history depicts the sequence of ownership from the time the property title was first recognized by a government agency and includes official items filed in the court clerk’s office pertaining to property or the property’s owner.  When complete, the abstract provides evidence of a clear title to the property and, therefore, lowers the risk of expensive legal actions.
According to Claremore Abstract & Guaranty Co. a defect in a land title can be any legal right held by someone other than the owner.  That right may give the holder claim to the property or convey legal demands on the owner of the property.
American Land Title Association is the national trade association that represents and defends the title insurance industry. This association is responsible of improving the quality and business atmosphere of their members related to title insurance. ALTA members look for, evaluate and insure land titles to protect mortgage lenders and home buyers who invest in real state. Members could be builders, attorneys, developers, real state brokers, lenders, surveyors, consultants and related national trade associations. The association promotes many information activities and it is in touch with Congress to defend their position on legislative and regulatory matters.
Claremore Abstract & Guaranty Co. is the interpretation of all the deeds, mortgages, court decrees and all other legal documents affecting the title, considering the sequence of transactions and other events affecting the title and applying the law and court decisions to the various circumstances identified in the title company cannot issue title insurance except upon the opinion of an attorney as to the state of title. 
Today, title insurance continues changing and providing security to real estate investors. Several years of experience have given the title insurance a prestige difficult to surpass and thousand of investors can be secure in receiving title protection at a level of excellence unique in the world.

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