What is a title insurance policy?

A title insurance policy is an insurance policy that protects an owner of real estate in California from title-related losses. Title insurance protects the owner of real estate against title-related issues that could lead to losses due to unrecorded liens or encumbrances, forgery, fraud, errors in public records, or other title-related problems. It also provides protection against any potential legal fees that may arise due to title-related issues. Title insurance is typically purchased by the owner during the closing of the purchase of real estate. The policy is normally issued in the amount of the purchase price of the real estate. The cost of the policy is usually paid by the closing agent, but may be paid by the buyer. Additionally, the title insurance company may also require additional inspections to ensure that there are no title-related issues prior to closing. Title insurance protection lasts as long as the owner has a legal interest in the property that has been insured. It covers any losses that the owner may suffer due to title-related issues, including legal fees and expenses associated with defending any claim that may arise. In addition, title insurance may also provide coverage for rebuilding the structure of the property if it has been damaged due to title-related issues.

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What is a title insurance policy?

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