Title insurance is insurance that protects against losses that occur when title to a property is not free and clear from defects or encumberances (such as liens) that were unknown at ...
Lenders require title insurance as a condition for your loan. Two types of policies are available: an owner’s policy and a lender’s policy. A lender’s policy insures that the lender’s security ...
In Pennsylvania, title insurance rates have been set by by the state legislature. The premium is generally calculated on the value of the interest which you are purchasing.
The most important thing for BOTH SIDES of the closing to remember is a CURRENT, NON-EXPIRED STATE OR FEDERAL-ISSUED PHOTO ID, such as a driver's license or passport. Your closing ...
A Title search is an examination of county records to determine "chain of title," and the current status of title, including owner, legal description, easements, property taxes due, encumbrances (mortgages or ...
