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Title Insurance
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 Related Terms
• General Warranty Deed
• Quitclaim Deed
 
 
Definition: An insurance policy that protects the owner of property against loss that occurs from a defect in a title for real estate.

For instance, if you buy a piece of property and at a later date another person proves ownership of it, the insurance will pay your losses (some exclusions apply). When a property is mortgaged the lending institution has a separate title policy to protect its interests.

Related Resources:

Read More About Title Insurance
Refer to the links on this page to find out exactly what title insurance is, and why you need it.

Feature Article: Title Insurance - What is it? Why Do You Need It?


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