Abstract Title Search Insurance Fulton Montgomery Schenectady KCS Land Research Corporation


Definition of Terms

Abstract of Title: Condensed history of title to specific tract of real estate.

Attorney Opinion of Title: A legal opinion provided by an attorney after review of abstract.

Chain of Title: Written proof of the exchange of property from one owner to the next – originating with the first owner.

Conveyance: Transfer of title of land from one person to the next, and the way it is transferred.

Curatives: Curing the problems on title – including the proof that it is done.

Deed Restrictions: A restriction to a deed for the purpose of limiting the use of the land by future owners.

Defects: Any restriction, judgment, mortgage, lien, exception or encumbrance that may affect the property owners’ ability to transfer clear title to someone else.

Easements: A right given to someone else to use a piece of property that they do not own.

Encroachments: A fixture that extends on to property for which they do not own outright.

Encumbrances: Any claim on a property like an easement or lien that will diminish the value of the property.

Grantee: The buyer is usually the Grantee in the sale of property – they are being granted the ownership of the property.

Grantor: The seller is usually the Grantor in the sale of property – they are the one granting the property to the new owner

Liens: A debt that will be paid to creditors out of the property.
Marketable Title: Clear title which is reasonably free from the risk of litigation over possible clouds on title.

Mortgagee: A lending institution who loans money with property is the security for repayment.

Mortgagor: The person who borrows money and uses the property as security.

Note: Written word that documents a promise to pay back loaned money.

Recording: The entering or recording documents affecting the transfer of ownership of a property in the appropriate county clerks’ office.

RESPA: Real Estate Settlement Procedures Act.: This act outlines procedures to better serve and protect the rights of property owners and buyers

Restrictions: A limitation on the use of a piece of property.

Title: Evidence of ownership of a piece of property.

Title Search: An examination of public records to determine the ownership, including any encumbrances on a specific piece of property.







461 Clinton Ave Extension
Schenectady NY 12305

9 Mohawk Place
Amsterdam NY 12010

Phone: 518-842-9101
Fax: 518-842-9279




461 Clinton Avenue Extension, Schenectady, NY 12305
9 Mohawk Place, Amsterdam, NY 12010
Phone: 518-842-9101 
Fax: 518-842-9279
Email: contactus@kcslandresearch.com

To place an order, email: orders@kcslandresearch.com


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KCS Land Research Corporation is a full service searching and abstracting company for Fulton, Montgomery, and Schenectady Counties of New York.

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