Articles Tagged with title guarantee

underwood-title-insurance-real-estate-litigation-300x300Before undertaking litigation over real estate in California, title insurance can help to provide clarity as to important ownership questions. Title insurance is not just nice to have, in many instances, the law specifically envisions that the parties will obtain a title report of some type. For example, the Partition Law specifically envisions that the plaintiff will obtain a title report before filing the suit in Code of Civil Procedure section 872.220.

While a title report may be beneficial, a careful partition lawyer will consider going a step further and obtaining some sort of title insurance in order to adequately address any issues that could arise during the lawsuit. Because there are a number of types of insurance that could be obtained, this article will discuss the different options of title insurance available as part of real estate litigation. 

What is Title Insurance? 

Underwood-Blog-Images-2-2-300x300“Title” is the single most important word when it comes to purchasing a property. If there is a problem with it, then an entire real estate transaction can be disrupted or canceled outright. Many people consider the purchasing of a home to be the single most important transaction of their lives. Therefore, it only makes sense that there would be options to assuage the worried buyer. 

These options come in the form of insurance and guarantees. But while they may serve the same set of individuals, they could not be more different. The Underwood Law Firm, P.C. is familiar with how to navigate property transactions and understands the importance of knowing these differences for those looking to buy property, especially in California. 

What is Title Insurance? 

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