Title insurance is a type of insurance policy that protects the holder from financial loss due to defects in the title to a property. It provides coverage for issues such as undiscovered liens, encumbrances or claims by others to the property, errors in public records or fraud.
Title insurance is typically required by lenders when a property is being purchased, and it can also be purchased by the property owner for added protection.
The policy is typically issued for the duration of the ownership of the property and can provide peace of mind to the property owner.
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