Posted on: 19th Jul, 2007 05:14 am
Will a insurance on the Title only secure the loan or does it protect any other losses or defects in relation to the title.
Hi Richosasimohan,
The title insurance policy protects the lender offering a mortgage loan in case there occurs some problems or defects in the title to the property against which the loan is taken.
To know more on Title Insurance, refer to the section on this topic.
Take Care
The title insurance policy protects the lender offering a mortgage loan in case there occurs some problems or defects in the title to the property against which the loan is taken.
To know more on Title Insurance, refer to the section on this topic.
Take Care
I went through the Title Insurance link it was quite useful and informative. Thanks for your kind reply.
Please have a look at this page. It is a very good resource to know about title insurance: http://www.insurance.ca.gov/0100-consumers/0060-information-guides/0040-residential/title-insurance.cfm