Looking at Title Insurance - What is it, what does it do, Part I

We are the New Jersey title insurance agent that does it all for you. For your next commercial real estate transaction, house purchase, mortgage refinance, reverse mortgage, or home equity loan, contact us, Vested Land Services LLC. We can help!

Title Insurance 101. A primer.

What is Title Insurance?

A title is the evidence or right in which a person has the ownership and possession of land. A defect in that title can be any legal right held by someone other than the owner to claim that property or to make demands on the owner of that property.

Title Insurance is protection offered to the owner of real estate and the mortgage or home loan lender against defects in the title of the real estate that is insured. The owner's title insurance policy guarantees the owner against loss due to defects in the title pursuant to the terms of the policy. Your investment in real estate, whether residential or commercial, is quite possibly the most important, and expensive, investment you'll ever make. An owner title insurance policy protects that investment. Your owner title insurance policy remains in effect for as long as you or your heirs retain an interest in the property or have obligations under a conveyed warranty.

Next up -  What is a "title defect?"  Stay tuned!

For your real estate purchase or mortgage refinance or

if you have questions about what you see here, contact

Stephen M. Flatow, Esq.

Vested Land Services LLC

165 Passaic Avenue, Suite 101

Fairfield, NJ 07004

Tel 973-808-6130 - Fax 973-227-0645

E-mail sflatow@vested.com

@vestedland

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