Topic : Title Insurance

What Is A Preliminary Title Report?

by Fidelity National Title Insurance Company

A preliminary report is designed to facilitate the issuance of a particular type of policy. The preliminary report identifies the title to the estate or interest in the described land. It also contains a list of defects, liens and encumbrances and restrictions which would be excluded from coverage if the requested policy were to be […]

What’s in a Title Search?

by Chicago Title Insurance Company

You’ve decided to purchase a home and hope to take possession as soon as possible. The terms have been agreed upon and all the financial arrangements have been made. But there’s one important detail remaining. Before the transaction can close, a title search must be made.
The most accurate description of title is a bundle of […]

Exceptions To Coverage In Your Title Insurance Policy

by Sandy Gadow, Author, President, EscrowHelp.com

Your title insurance policy will list certain exceptions that will be excluded from coverage. This is a standard practice, but you should be aware of which items are exempted and therefore not covered. Owner’s policies usually contain a list of some of the following standard exceptions. These exceptions may include:

boundary line disputes
easements or claims of […]

What Is Title Insurance?

by Sharon Hassler, President, Go Get Experts

1. What is title insurance? Basically, a title insurance policy protects the investment of the new owner (and lender if there’s a new loan) through measures such as covering legal costs for certain title disputes arising after transfer of title to the property. When sellers transfer ownership of a property, they can give only […]