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Florida Real Estate Exam

Category - Florida

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Which of the following is most like an Abstract of Title?

Title Search
Chain of Title
Preliminary Title Report
A Policy of Title Insurance

Explanation

Answer A - An Abstract of Title is a summary of all pertinent records discovered in a Title Search. It discloses more than a Chain of Title or what is given in a Preliminary Title Report. However, it doesn't guarantee its accuracy, nor does it protect the buyer as does Title Insurance.

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