Fundamentals of Title Insurance, Second Edition, (Paperback)

<p>What exactly is title insurance for a property? What does it do? What does it mean? <i>Fundamentals of Title Insurance, Second Edition</i> explains the basic elements of title insurance and gives attorneys and real estate professionals practical knowledge and tools they need to best counsel and protect their clients.</p><p>Intended as a broad yet thorough overview, <i>Fundamentals of Title Insurance </i>explains what title insurance means, what it can and cannot do, and what the parties in a real estate deal can ask for in a transaction. Written in an accessible, user-friendly manner, this guide provides examples, practice pointers, charts and checklists throughout the text to explain key points. The author, general counsel for a nationwide title insurance company and a leading industry expert, covers all relevant topics, beginning with a general background of title insurance, its variations and common features, and typical title insurance coverage and issues. Additional topics include: </p><p></p><ul><li>What is title insurance, and why should consumers obtain it</li><li>Explanations of the 2006 ALTA Loan Policy and the 2006 ALTA Owner's Policy</li><li>The expanded coverage residential loan policy</li><li>When to secure a short form title policy</li><li>Title insurance requirements of government-sponsored enterprises and agencies, such as Fannie Mae and Freddie Mac</li><li>Regulation of rate and forms</li><li>Types of endorsements and which ones to request</li><li>Marked-up commitments, pro forma policies, and extended coverage</li><li>Closing protection letters</li><li>Guidance for retention limits and reinsurance in commercial transaction</li><li>Specialized title insurance products, guarantees, and other products</li></ul><p></p>

• Fundamentals of Title Insurance, Second Edition, (Paperback)
• Author: American Bar Association
• ISBN: 9781639056217
• Format: Paperback
• Publication Date: 2026-02-17
• Page Count: 584