Title-insurance meaning

Insurance that protects a mortgage lender in the event that a problem is found with the title to a property. The insurance is written by a title insurance company, which conducts a thorough search of the title to find any liens, duplicate ownership claims, or any other problems before issuing title insurance. The title insurance remains effective until the property is resold.
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Insurance taken at time of purchasing property to protect against defects in chain of title.
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