Unlike the deed, the abstract is a valuable document that you will need in the future and which may be expensive to replace if it cannot be located. Therefore, you may wish to allow the Abstract Company to hold the abstract for you, as it will be their responsibility to replace it if it is lost. In this case, simply confirm that the Abstract Company is holding your abstract and keep the name of the Abstract Company and the abstract number with your real estate records. If you intend to hold your own abstract, be certain to keep it in a safe place where you can locate it if you need it in the future.
