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Title Insurance  

Last Updated: Nov 14, 2011 URL: http://stjohns.campusguides.com/title_insurance Print Guide RSS UpdatesEmail AlertsShareThis

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Title Insurance

"Title Insurance: Insurance that indemnifies the of owner of ral estate in the event that his clear ownership of property is challenged by the discovery of faults in the title. Title insurance is not the same as – or even part of – homeowners insurance. It is a separate coverage designed especially for disputes that may occur over the legal status of the land bought along with a house."

 


Insurance Dictionary: What Means What When It Comes to Life, Health, Business, Home, Auto and Other Coverages
, (Los Angeles, CA: Silver Lake Publishers, 2002), 448.

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