<P> A property abstract is a collection of legal documents that chronicle transactions associated with a particular parcel of land . Generally included are references to deeds, mortgages, wills, probate records, court litigations, and tax sales--basically, any legal document that affects the property . </P> <P> The abstract will show the names of all property owners, how long a particular holder owned it, and the price of the land when it was sold . Rarely will an abstract mention capital improvements to the property . </P>

What is an abstract fee in real estate