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Mortgage Professor about property title: | |||||||||||||||||||||||
Questions About Title Insurance
December 16, 2002 "What is title insurance?" Title insurance is protection against loss arising from problems connected to the title to your property. Before you purchased your home, it may have gone through several ownership changes, and ... more... Do I Really Need All These Title Policies? June 21, 2004 "My husband and I bought a piece of property in November 2001 and had to have title insurance. We began building in December, 2003 and we had to purchase a new policy in connection with our construction loan. Now, we are near completion and getting ready to ... more... |
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property title related definitions |
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Title Insurance
Title Insurance A policy, issued by a title insurance company, which insures a home buyer against errors in the title search. The cost of the policy is usually a function of the value of the property, and is often borne by the purchaser and/or seller. Policies are also available ... more... Deed Deed A written document by which title to real property is transferred from one owner to another. The deed should contain an accurate description of the property being conveyed, should be signed and witnessed according to the laws of the ... more... |
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