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Fundamentals of Title Insurance

Amazon.com Price: $131.06 (as of 12/05/2019 17:32 PST- Details)

Categories: Books, Business, Business and Finance, Business and Money, Buying and Selling Homes, Casualty, Insurance, Insurance Law, Law, Mortgages, New, Used and Rental Textbooks, Real Estate, Specialty Boutique, Subjects

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Description

What exactly is title insurance for a property? What does it do? What does it mean? Fundamentals of Title Insurance explains the basic elements of title insurance and gives attorneys and real estate professionals practical knowledge and tools they wish to best counsel and give protection to their clients.

Intended as a broad yet thorough overview, Fundamentals of Title Insurance explains what title insurance means, what it could and can not do, and what the parties in a real estate deal can ask for in a transaction. Written in an accessible, user-friendly manner, this guide provides examples, practice pointers, charts and checklists during the text to give an explanation for key points. The writer, general counsel for a nationwide title insurance company and a leading industry expert, covers all relevant topics, beginning with a general background of title insurance, its variations and common features, and typical title insurance coverage and issues. Additional topics include:

What is title insurance, and why will have to consumers obtain it
Explanations of the 2006 ALTA Loan Policy and the 2006 ALTA Owner’s Policy
The expanded coverage residential loan policy
When to protected a short form title policy
Title insurance requirements of government-sponsored enterprises and agencies, such as Fannie Mae and Freddie Mac
Regulation of rate and forms
Types of endorsements and which of them to request
Marked-up commitments, pro forma policies, and extended coverage
Closing protection letters
Guidance for retention limits and reinsurance in commercial transaction
Specialized title insurance products, guarantees, and other products

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Fundamentals of Title Insurance

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