The term “abstractor” is not a commonly used word in everyday conversation, but it is a term that is often used in legal and real estate industries. An abstractor is a professional who specializes in researching and compiling information related to a property’s ownership history, liens, and other legal matters. This article will provide a comprehensive definition and meaning of the term “abstractor.”
Definitions
An abstractor is a professional who is responsible for researching and compiling information related to a property’s ownership history, liens, and other legal matters. They are typically employed by title insurance companies, law firms, and real estate agencies. The information that an abstractor compiles is used to create a title report, which is a document that outlines any potential issues that may affect the property’s ownership.
Origin
The term “abstractor” has its roots in the Latin word “abstractus,” which means “drawn away.” The term was originally used in the legal industry to refer to a person who was responsible for abstracting legal documents, such as deeds and contracts, in order to create a summary of their contents.
Meaning in different dictionaries
The term “abstractor” is not commonly found in most dictionaries. However, some legal dictionaries define an abstractor as a professional who is responsible for researching and compiling information related to a property’s ownership history, liens, and other legal matters.
Associations
An abstractor is typically associated with the real estate and legal industries. They are often employed by title insurance companies, law firms, and real estate agencies.
Synonyms
Some synonyms for the term “abstractor” include researcher, examiner, investigator, and analyst.
Antonyms
There are no direct antonyms for the term “abstractor,” as it is a specialized term that is not commonly used in everyday conversation.
The same root words
Some other words that have the same root as “abstractor” include abstract, abstraction, and abstracted.
Example Sentences
- The abstractor was responsible for researching the property’s ownership history and compiling a title report.
- The law firm hired an abstractor to research the legal documents related to the case.
- The title insurance company employed an abstractor to ensure that the property’s ownership was clear before issuing a policy.