After the title company gathers all information for the chain of title, they will create something called a title abstract, which is a condensed history of the title. A clear title abstract guarantees the buyer won’t face any legal problems in connection with the property after buying it.nnIn the case of homeownership, a deed is used to show current ownership. But the documents within the chain of title should follow an unbroken chain of ownership back to the original owner. The chain of title documents will include information about any encumbrances, foreclosures and title transfers.