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16 January, 08:11

The purpose of the abstract of title is to:

A. make sure that the street name of the property is correct.

B. verify that the lender has sufficient funds for the loan.

C. verify that the person selling the property is really the owner.

D. begin the purchase process.

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Answers (1)
  1. 16 January, 10:02
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    The correct answer to the question stated above is obviously letter C. verify that the person selling the property is really the owner.

    The sole and the very purpose of the abstract of title is to : verify that the person selling the property is really the owner.
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