preliminary report

Definition

A title report made before a title insurance policy is issued. A preliminary report is not considered a title abstract; it instead states a willingness to insure the title upon closing.

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You should always try and make sure that you get the preliminary report right so the project will go well.

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The preliminary report shows that the house is clean of title and everything that is listed on the property records is true and accurate.

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The insurance company compiled a Preliminary Report on Susan's prospective insurance policy to provide a basic estimate of her payments in the future.

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preliminary prospectus University of Michigan Survey of Consumers