Title Company


Definition of "Title company"

An insurer who researches the title to real estate for the purpose of discovering any unknown liens or encumbrances on the property that may have come into effect before the current purchase of the property. Mortgage bankers lending money to home buyers generally require the purchaser to purchase title insurance. If, after the purchase, a recorded encumbrance surfaces that was not discovered by the title company, it is paid by the title company to the insured as a claim

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FAQ

What do I need to know about Individual Health Insurance? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What is a point? What is flood insurance? What do I need to know about Auto Insurance?