Title Insurance Policy A contract in which an insurer, usually a title insurance company, agrees to pay the insured party a specific amount of any loss caused by defects of title on real estate in which the insured has an interest as purchaser, mortgagee or otherwise. An examination of public records to disclose the past and current facts regarding the ownership of a given piece of real estate. A federal law requiring a disclosure of credit terms using a standard format. This intended to facilitate comparisons between the lending terms of financial institutions. An analysis of the risk in order to determine loan approval or loan rejection on a given property for given borrowers.
All programs are subject to change.