Keyword Analysis & Research: title insurance nc

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Frequently Asked Questions

What is title insurance and why is it important?

Title insurance is especially important for commercial property buyers, because it protects them from the unlikely yet all too feasible scenario that their purchase of a particular piece of real estate could be challenged by someone else also claiming ownership.

What does a title insurance company actually do for You?

A title company makes sure that the title to a piece of real estate is legitimate and then issues title insurance for that property. Title insurance protects the lender and/or owner against lawsuits or claims against the property that result from disputes over the title.

What is title insurance, and is it required?

Title insurance is an insurance policy that protects you from claims against your ownership of property. It protects you from problems that occurred prior to your purchase and it will defend your ownership in the event a claim against the property arises after you sell it. Updated title insurance is required before closing can take place.

Who pays Title Ins?

Usually, it is the seller who pays for the owner's title insurance. Remember, however, that this is customary but not mandatory. There are cases when the buyer is the one who pays.

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