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Title: Risk Management Policy Date Approved: Nov 2014Approved by:Date of review:Policy Ref:Board of Directors August 2017G/Reissue: 6.0Division/Department: Governance Support UnitPolicy Category:
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What is title risk management policy?
Title risk management policy is a set of procedures and guidelines implemented to mitigate potential risks associated with property titles.
Who is required to file title risk management policy?
Title risk management policy must be filed by individuals or companies involved in real estate transactions, such as lenders and title insurance companies.
How to fill out title risk management policy?
Title risk management policy can be filled out by providing information on property titles, potential risks, and strategies to manage those risks.
What is the purpose of title risk management policy?
The purpose of title risk management policy is to protect parties involved in real estate transactions from potential title defects or claims.
What information must be reported on title risk management policy?
Title risk management policy must include details on property titles, potential risks, risk mitigation strategies, and responsible parties.
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