An abstract of title is the chronological presentation of the history of the ownership and liens against a parcel of land as recorded in the county clerk’s office. The starting point for the abstract typically is established by contract between a buyer and seller and can vary from county to county. The abstract is not an official document and is prepared by an abstract company.
A new is a search starting from scratch when nothing has been provided. The beginnig point of the search will vary somewhat from county to county. For example, in Onondaga County the standard contract requires that the search must begin with a warranty in at least 1945. In Oswego the contract requirement is forty years.
You need a new abstract when selling your property, and you cannot locate the existing search.
A continuation is adding new search work to an existing abstract to bring it up to date. Continuations are used when selling or refinancing and you have your abstract. If you don’t know where your abstract is, we can try and find it for you. Call us at 315-214-5017.