Neither. The title company represents itself.

A POLICY is issued for either a Loan/Mortgage Policy covering the Lender's interest in the property when a loan requires title insurance by the Lender.

An OWNER'S Policy is issued to the new buyer should they choose to take out an Owner's policy to cover prior owner's acts that could affect the property.

An Owner's Policy may also be used when a current owner makes substantial improvements to a property. For example, you inherited an empty lot from your parents, who inherited it from their parents.

2 years later you decide to build a house on it, using cash. The value of the lot originally was $1000.00 The new value of the property with improvements will be $125,000.00. Since title work was never since before your grandparents owned it, you decide to have the property searched and insured under an owner's policy since the value of the property is considerably higher than the original lot value.

Title companies INSURE property risks. Therefore they represent themselves as an insurance agent/company.

A buyer, seller, current owner can be respresented by themselves (pro se) or by legal counsel only. Title agencies and title companies, by law, cannot offer legal advise.

If you live in a state that does not regulate the fees/premiums, then a title agency may be willing to negotiate the costs of the premiums. Or, they may be able to negotiate some of the fees, like searches/abstracts, copy fees, etc.

If you live in a regulated states, all fees or some fees may be overseen by that State's Department of Insurance and whatever are the state-regulated fees MUST be charged. It would be illegal to over-charge or under-charge the fees.

A Buyer and Seller can negotiate freely as to who pays what fees of the title insurance costs. In some states, tradionally a seller pays for the Owner's Policy and the Buyer pays for the loan policy covering their mortgage. In other states the seller pays for all fees and in others, the buyer pays.

However, there are no laws as to who pays for what, therefore, between the buyer and seller, it is always open to negotiation.

no

No, that will come from the title company that handles the closing.

Risk

Freeway insurance

NO

Since more title reps are 100% commission sales, it varies on the person.

Are you a people person with great sales skills? Are the title fees in your state highly regulated and overseen by the State Government? Or can the agencies charge whatever they want to your area? Can you take rejection on a daily basis? Persuade people to like you enough to buy your product?

Well, then the answer is $00.00 - unlimited potential (over 6 figures). Some agencies will give you sales incentives, draws, car allowance, maybe even a salary if your state laws prohibit commissons on sales. (some states do).

The sky's the limit - so, there is no real answer. Sales positions like this are what you make them, just like selling real estate. You have to make the sales in order to eat. How much you make is 100% your responsibility.

If your closing was done by a Title Agen, which is most likely the case, they had to have an underwriter. You can go online to your State's Insurance regulation website, enter the company you dealt with and that should show who their underwriter was. If the underwriter is not listed, call the state's Insurance Regulatory office and ask. The Underwiriter should be able to provide you with a copy of you Title Insurance Policy. Remember that if you paid cash for a property you were not required to purchase an Owner's Policy.

If the title company fails to file a conveance deed or a security instrument of record in the county that the property is in you will need to file a claim with your owner's title policy or the lender would need to file a claim on their mortgagee policy

You can ask the original title agency that issued the Policy for a duplicate or their Underwriter. They may or may not charge for the extra copy.

You should be wary of any company like this as they usually charge you excessive interest and fees. There are many complaints online about this company being a rip-off.