The Washington times., 1922-12-30
OWNERS AIDED
BY GUARANTY
IN TITLE
Complete Protection Given in
Transfers OF
Property.


can be purchased on such easy
terms, many take advantage OF the
lopportunity to become property
owners and obligate themselves to
pay the purchase price over a perioo
of years." says realty expert.
'.They strive hard to meet the pay
ments as they mature. They look
forward to the day when the last
one shall have been paid. They are
unwise to assume the risk OF loss
of the property through a faulty
title.
Because of these facts. the
method of title guaranty was de
vised and put forward as means OF
protecting the property owner and
the mortgage holder. 1t gave rise
to the incorporation Of companies
for this purpose. Companies were
|organized upon the same principles
as other companies offering protec-
ton against loss from other sources.
These companies, because OF their
perfect organization. large capltai
and resources, are able to protect
the property owner and mortgage
holder against loss. They are
formidable opponents OF the Ieho
title trouble maker. the guarantee
ing of land titles Is feature OF tne
protection that Is without q oouot
a much needed one.
THE title to the property unoer
is carefully, Thoroughly
and exhaustively examined py tne
attorneys for the title guaranty
company, from a complete abstract
of the records covering the ute 10
the lands in the county In which
such land Is situated. These ABSTRACT
records are kept in the office OF the
company and are kept up daiIy. IL
10, therefore. possible to Keep IN
touch with the changes affectns
each title in the county as they take
place. Attorneys devote their entire
time and intellect TO land matters
and have perfected q course OF study
of every branch Of land law. They
make special effort to keep ac-
uuainted with the enactment Of all
new land laws and decisions OF the
courts pertaining to real estate.
"If the title be found good after
such examination. there is issued by
the company guaranty OF title,
which guarantees:
ITO the property owner that the
title is good. or to the mortgage
holder that the lien is a valid and
subsisting one.
That the company will defend all
litigation about the title. free OF any
cost or expense to the property
owner or the mortgage holder.
THAT the company will, In the
event of loss of property or any
part thereof, reimburse the property
owner or mortgage holder the
amount Of such loss up to the
amount for which the title was
guaranteed.
"lf the title be found to be not
good and is not acceptable TO the
company. nothing Is charged for the
services rendered.
Title guaranty gives you the as.
surance that your title has been
expertly examined and the company
guarantees absolutely that its attor-
news have overlooked nothing which
appears Of record and that their
information in regard to matters
not of record is correct. They also
guarantee that their conclusion AZ
to the law is correct. that there is
no mistake as to the records upon
which the examination was based.
THE title guaranty company as
sumes all risk concerning the title.
1t relieves the property owner and
the mortgage holder OF all response
bility in this matter. A guaranty
title is a bond. back of which stand
the assets of the company issuing it.
Title guaranty Is expeditions. 1t
/ is economical and is beneficial. It
enables one to close real estate
transactions without delay. 1t elm.
mates all cost Of maintaining title
and gives fun land title protection.
1t is the only method of land title
protection.
Considering the protection OBJ
tanned. the charge for guaranteeing
title is nominal. No annual pre-
miums are charged. The initial pre-
MUM is the only one during the
life Of the guaranty Of title. At it's
expiration a guaranty may be re.
newed at a reduced rate. No pre-.
MUM is charged, however. in the
case where a mortgages guaranty
Is renewed in a subsequent holder
of the mortgage before the maturity
Of the mortgage.
Title guaranty is fast taking
hold. 1t is a much needed protec-
ton in all real estate transactions.
1t is rapidly supplanting all other