Opinion Of Title


Definition of "Opinion of title"

A certification of a property title issued by an attorney after examining the abstract of title. The attorney's opinion of title is essential to obtaining title insurance, a mortgage or the ability to transfer title.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Managed Competition

Government-supervised health care system with economic incentives for providers and consumers. ...

Social Security Freeze

Maintenance of Social Security benefits at current dollar or percentage levels. Social Security bene ...

Contract Price

Selling price for a property less assumed mortgages by the buyer. For tax purposes, the computation ...

Bear Market

Market in which sellers dominate trading and force financial asset prices down. ...

Agreement Of Sale

A contract signed by buyer and seller stating the terms and conditions under which a property will b ...

Commercial Policy

Same as term Commercial Health Insurance: coverage that provides two types of benefits, disability i ...

Related Real Estate FAQ

What Is An Escrow Officer?

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

What Is Depreciation?

Depreciation is a decline in the value of property due to general wear and tear, or is also known as ...

What Is Title Insurance?

Title insurance is insurance that protects the lender and buyer against any losses incurred from dis ...

What Do I Need To Know About Pet Insurance?

If you own a pet, i\'m sure you\'ve been in a situation where the vet bills have been much higher th ...

What Is A Title Search?

A title search is the process of reviewing court records and other records to ensure that there are ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

6 Reasons you are not selling properties When to buy a house Build or Buy? That’s the Big Question Getting Ready to Sell? Don't make these DIY Mistakes! Rent or Buy - the pros and cons

FAQ

What is an index? What is a lien? What is a conventional mortgage? What are paid advertorials? What do I need to know about Managed Care Insurance: HMO, PPO, & and POS plans?