A method for generating a title report for a target real estate parcel includes the steps of gathering data records pertaining to real estate parcels from a plurality of disparate sources, storing the gathered data records in a common format within a computer database, indexing the commonly formatted data records within the computer database to facilitate searching, searching the indexed data records within the computer database for data records pertaining to a target real estate parcel, selecting at least one record of data pertaining to the target real estate parcel, electronically abstracting pre-selected data directly into an associated file while simultaneously viewing said record and generating a title report containing the pre-selected data in a predefined format. A system for generating a title report for a target real estate parcel includes a computer database containing data records from a plurality of disparate sources, wherein the data records pertain to real estate parcels and are commonly formatted within the database. The system further includes a search algorithm for searching the computer database for data records pertaining to a target real estate parcel and a report building algorithm for electronically abstracting pre-selected data directly into an associated file and generating a title report containing said pre-selected data.