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robertsmith2005 · Joined: 22 May 2009 Posts: 338 -0.48 Dollars($)

Who is answerable to take Title Insurance?

gmakerley · Posted: Fri Jun 19, 2009 10:05 am Post subject:

title insurance is a requirement of all mortgage lenders. borrowers pay the premium.

robertsmith2005 · Joined: 22 May 2009 Posts: 338 -0.48 Dollars($)

Can individual purchas i for his own protection?

gmakerley · Posted: Mon Jun 22, 2009 11:51 am Post subject:

yes, a purchaser is given an opportunity to purchase title insurance along with the policy that is provided to the lender. keep in mind that the lender's policy will not cover issues that would affect an owner

beaglebox · Joined: 17 Jun 2009 Posts: 3 2.09 Dollars($)

Title insurance policies as they pertain to real estate: owners and lenders title policies, terms of coverage, liability and protection.It covers the insured party for any claims and legal fees.
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