What Exactly is Title Insurance? Most people today, when purchasing a home, are unaware of what title insurance is, why they should buy it, and if they do buy it, who they should purchase it from. This type of insurance is a product offered by your real estate lawyer on behalf of various title insurance companies that protect your ownership interest on a property you are purchasing from losses that may result from unknown title defects at the time of closing. Why it’s Important For example, imagine shortly after you bought your home, you found out that there are two outstanding building permits ...
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