Sentences with phrase «insures against defects»

Not exact matches

Title Insurance is an indemnification policy which insures real property against defects in the title and invalid or unenforceable mortgages.

Title insurance is a form of indemnity insurance which insures against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage liens.

Both homebuyers and lenders need title insurance in order to be insured against various possible title defects on a property.

According to Wikipedia, «Title insurance is a form of indemnity insurance predominantly found in the United States which insures against financial loss from defects in title to real property, and from the invalidity or unenforceability of mortgage loans.»

A policy of title insurance usually insuring an owner of real estate against loss occasioned by defects in, liens against or unmarketability of the owner's title.

Getting the title insured protects you against another person claiming the property, fraud, liens, and other possible defects.