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In modern days, an abstract of title is usually the title examination/search. Simply reading the title and giving a report on the condition of the title is not the same as buying title insurance coverage for a mortgage or owner policy. In earlier history of title, an abstract of title was the report on title that was handed down from owner to owner (this is before they started recording every transaction in the county/city records). If the house was build 2004, it is unlikely that it has an actual Abstract of Title with it. But here again, the abstract would simply be part of the "history" of the property and not actual insurance to cover the new owner. You need to buy a new Mortgage Policy each time you get a new loan and a new owner would need a new Owner Policy whenever the property is transferred to protect their interest. The abstract or report on title is not the same as actually insuring the title with an Owner's or Mortgage Title Insurance Policy. The only way to modify COVERAGE of title insurance is through a policy. Simply providing a new abstract or report on title does not provide supplimental coverage to an existing policy regardless of what state you are in. If you want title insurance, a policy has to be issued. If you just want to know the current status or history of title, a title report or abstract can be used. They are not one and the same. An abstract or report on title, is simply that, just a report, not insurance. == Answer & Clarification== An abstract of title is a short history of the title to LAND. It is compiled by a professional title examiner from the public land records. It should contain a summary of all conveyances, transfers, probates, judicial proceedings or any other facts relied on as evidence of the owner's title. It should contain any encumbrances, such as easement rights and ROWs, that the land is subject to or has as appurtenant. It should contain any outstanding liens. It should show the quality of the title and the quantity of the land. It does NOT matter when the house was built. The abstract of title shows the title to the land not the house. The period that must be covered by the title abstract for title certification purposes varies from state to state. In Massachusetts it must cover 50 years. If the house was built one year ago or thirty years ago the title must be examined for a period of 50 years. In Connecticut that period is 40 years. Generally, the title insurance policy incorporates the information disclosed by the title abstract.

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Q: Can an abstract of title supplant title insurance particularly for a one owner home built in 2004 in Florida?
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