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Definitions of Title Insurance

• The insurance that covers loss of an interest in a property due to legal defects and that is required if the property has a mortgage. This definition of Title Insurance contributed by James Boyer.
• Title insurance is a police issued by title insurance company, assuring that the title is a clear in the name of title owner. That means if owner wish to sale the property, that time he don't have any problem to sell that. If any problem creates after selling the property to the new owner that time title insurance company will pay the damage for that or take action to solve that problem.