Okay, so these may not necessarily reflect your attorney's biggest frustrations, but they represent mine. While we are sympathetic, there are some clients or some prospects that we are unable to help, because:
Title Insurance is like any other type of insurance. It is a policy that protects the ownership interest of the buyer (and lien interest of the lender) for anything that happened to or upon the property prior to the closing date. Title Insurance is also often misunderstood and under-appreciated by the buyer. The purpose of this blog entry is to explain the different sections of the title insurance commitment and policy.