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lender's title insurance

См. также в других словарях:

  • Title Insurance — Insurance that covers the loss of an interest in a property due to legal defects and that is required if the property is under mortgage. Most title insurance is lender s title insurance, which is paid for by the borrower but protects only the… …   Investment dictionary

  • Title insurance in the United States — is indemnity insurance against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage liens. Title insurance is principally a product developed and sold in the United States as a result of… …   Wikipedia

  • title insurance — n: insurance that compensates for loss from title defects or encumbrances (as liens) that were unknown but should have been discovered at the time the policy was issued Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. title insurance …   Law dictionary

  • title insurance — An insurance policy that insures that the ownership of a parcel or parcels of real property and the lien priority of secured creditors with an interest in that property is as the title insurance policy states. The insured party protected by the… …   Financial and business terms

  • title report — The written analysis of a real estate title search, including a property description, names of titleholders and how title is held (joint tenancy, for example), tax rate, encumbrances (mortgages, liens, deeds of trust, recorded judgments), and… …   Law dictionary

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

  • Title search — A title search is a process that is performed to determine the answers to two questions. *Does the seller have a saleable interest in the property? *Do any liens exist on the property which need to be paid off at closing (mortgages, back taxes,… …   Wikipedia

  • Mortgage insurance — For information on insurance guaranteeing payment of the mortgage in the event of death or disability, see mortgage life insurance. Mortgage insurance (also known as mortgage guaranty) is an insurance policy which compensates lenders or investors …   Wikipedia

  • Mortgage Insurance — An insurance policy that protects a mortgage lender or title holder in the event that the borrower defaults on payments, dies, or is otherwise unable to meet the contractual obligations of the mortgage. Mortgage insurance can refer to private… …   Investment dictionary

  • American Land Title Association — The American Land Title Association or ALTA, is a national trade association representing the interests of the abstract of title and title insurance industries. In addition to active members engaged in the title industry, associate members cover… …   Wikipedia

  • New Jersey Department of Banking and Insurance — The New Jersey Department of Banking and Insurance (DOBI) is one of 15 principal departments in New Jersey government. The Department’s mission is to regulate the banking, insurance and real estate industries in a professional and timely manner… …   Wikipedia

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