Why Do I Need Title Insurance? To protect possible the most important investment you’ll ever make – the investment in your home. With a title insurance policy you, as owner, have an indemnity contract that will reimburse you for loss in the event someone asserts a claim against your property that is covered by the…
Generally, a person thinks of insurance in terms of the payment of future loss due to the occurrence of some future event. For instance, a party obtains automobile insurance in order to pay for future loss occasioned by a future “fender bender” or for the future theft of the car. Title insurance is a unique…
Ways to Hold Title to Real Estate HOW YOU TAKE TITLE-ADVANTAGES AND LIMITATIONS: Title to real property in Florida may be held by individuals, either in Sole Ownership or in Co-Ownership. Co-Ownership of real property occurs when title is held by two more persons. There are several variations as to how title may be held…
How to Get Title to a House Initial Request for Title Insurance An order for title insurance is opened with a title officer who produces the initial response promptly within 24 to 48 hours. A preliminary report can be issued with the minimum of information; without even identifying the buyer or the terms of the…