Abstract:
Abstract title property is the most common form of title found in the United States. An abstract of title is a condensed history of all deeds, mortgages and other documents relating to a particular piece of land, which affect the title
Torrens:
Torrens is a system for registration of land under which, upon the landowner's application, the court may after appropriate proceedings, direct the issuance of a certificate of title to the property. Any liens or encumbrances that have been recorded are referenced on the certificate. When ownership of the property changes, the old certificate of title will be cancelled and a new certificate will be issued in the name of the new owner. The Certificate of Title is kept in the office of the Registrar of Titles. With the "abstract system" an abstract is evidence of title. In the "Torrens System" the certificate of title is the title.