70-21-101. Instrument defined — abstract. For the purposes of Title 1, chapter 5; part 2 of this chapter; and 70-21-310, the word instrument includes an abstract of an instrument that must be executed and acknowledged or proved by all parties executing the abstracted document and contains:

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(1)the names and addresses of the parties to the instrument;

(2)a description of the real property affected;

(3)a statement that this is an abstract of another document;

(4)a short statement of the effect of the document abstracted;

(5)the name and address of the person who will provide a full and complete copy of the document abstracted, without cost, upon request of any person.