NAICS Code 541191 — Title Abstract and Settlement Offices

National Industry in the official 2022 North American Industry Classification System (U.S. Census Bureau). It is one of 2 national industries under 54119 (Other Legal Services).

Code541191
TitleTitle Abstract and Settlement Offices
LevelNational Industry (6-digit)
EditionNAICS 2022 edition
SBA size standard$19.5 million in average annual receipts

Official definition (2022 NAICS)

This U.S. industry comprises establishments (except offices of lawyers and attorneys) primarily engaged in one or more of the following activities: (1) researching public land records to gather information relating to real estate titles; (2) preparing documents necessary for the transfer of the title, financing, and settlement; (3) conducting final real estate settlements and closings; and (4) filing legal and other documents relating to the sale of real estate. Real estate settlement offices, title abstract companies, and title search companies are included in this industry.

Cross-References.

Is a business under 541191 "small"?

Under the SBA size standards (13 CFR 121.201, effective March 17, 2023), a business classified in NAICS 541191 qualifies as a small business if it does not exceed $19.5 million in average annual receipts. Small-business status determines eligibility for federal set-aside contracts, SAM.gov certifications and SBA loan programs — receipts are averaged over the latest 5 fiscal years.

Where 541191 sits in the hierarchy

LevelCodeTitle
Sector54Professional, Scientific, and Technical Services
Subsector541Professional, Scientific, and Technical Services
Industry Group5411Legal Services
NAICS Industry54119Other Legal Services
National Industry541191Title Abstract and Settlement Offices

Related SIC codes

Via the official U.S. Census concordance (1987 SIC ↔ NAICS), shown only where the industry definition is unchanged in NAICS 2022.

SIC codeTitle
6541Title Abstract Offices

Related National Industry codes

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Data: official 2022 NAICS structure, descriptions and Census concordances, U.S. Census Bureau — U.S. government works in the public domain (17 U.S.C. §105). Suggested reference, not an official determination.