Title Insurance

What is title insurance for?


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Wiki User
2009-01-18 04:36:05
2009-01-18 04:36:05

Title insurance protects you against hidden problems with the ownership of the property, i.e. if the seller doesn't have full rights to sell. It insures that there are no liens or mortgages left unsatisfied on the property. When a buyer purchases a property, title insurance protects them from any claims of ownership, lien, or mortgage placed on the property before the buyer takes title to the property. If the information upon which the title insurance is based is incorrect, and a claim is asserted against your ownership of the home, then the policy indemnifies or protects you from experiencing a financial loss directly attributable to a claim that is covered by the policy.


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Generally speaking, a title insurance producer is the same as a title insurance agent.

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Title examiners are typically employed by title insurance companies

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The term title insurance means insurance that covers the loss of an interest in a property due to legal defects and that is required if the property is under mortgage. Most title insurance is lender's title insurance.

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No it does not. Lenders Title insurance is a whole other form of coverage

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