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About the only things that I dislike is the cost.
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2021-02-15
Construct Title Warranty Feature
The Construct Title Warranty feature safeguards your investment by ensuring clear ownership and protection against potential defects in property title. With this feature, you can move forward with confidence in your property dealings.
Key Features
Comprehensive coverage for title defects
Financial protection against claims and disputes
Transferable warranty for future property owners
Easy access to claim process
Expert support from title professionals
Potential Use Cases and Benefits
Purchasing a new home or property with assurance
Selling property with added trust for buyers
Investing in real estate while managing risks
Securing loans with a reliable title warranty
Navigating complex property transactions smoothly
With the Construct Title Warranty feature, you gain a reliable solution to protect yourself from unforeseen title issues. It empowers you to focus on your property goals, knowing you have a safeguard in place should any disputes arise. This feature not only enhances your real estate experience but also builds trust between buyers and sellers.
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What is a construction warranty?
Construction warranty refers to a warranty for construction that is given by the seller or building contractor of a new house/building. Such warranty states that the building/house is free of structural, electrical, plumbing, and other defects, and is fit for the intended purpose.
Is warranty deed the same as title?
A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects. Most property sales make use of a warranty deed.
Is a warranty deed and a title the same thing?
Warranty Deed is a Legal Document Warranty deeds are legal documents prepared by an attorney or title company. They state the full names of the granters and grantees. Additionally, a complete legal description of the property itself is included. ... After a warranty deed has been signed, it must get filed on public record.
What does warranty of title mean?
A warranty of title is a guarantee by a seller to a buyer that the seller has the right to transfer ownership and no one else has rights to the property. In addition, a warranty of title may be used to guarantee that no other party has copyright, patent or trademark rights in the property being transferred.
Does a warranty deed prove ownership?
A warranty deed is one type of proof of ownership; it shows the name of the owner and gives a brief description of the property. The previous owner or party granting you ownership signs the warranty deed, showing your rights to the property. A quitclaim deed is the other main type of property deed.
What is a warranty deed on property?
A warranty deed is a type of deed where the granter (seller) guarantees that he or she holds clear title to a piece of real estate and has a right to sell it to the grantee (buyer), in contrast to a quitclaim deed, where the seller does not guarantee that he or she holds title to a piece of real estate.
What does special warranty deed mean?
A special warranty deed is a deed to real estate where the seller of the property known as the grantorwarrants only against anything that occurred during their physical ownership. In other words, the granter doesn't guarantee against any defects in clear title that existed before they took possession of the property.
Is a warranty deed proof of ownership?
A warranty deed is one type of proof of ownership; it shows the name of the owner and gives a brief description of the property. The previous owner or party granting you ownership signs the warranty deed, showing your rights to the property. A quitclaim deed is the other main type of property deed.
How do you prove ownership of a property?
Get a copy of the deed to the property. ...
Produce copies of purchase documents. ...
Use the certificate of title for a mobile home. ...
Gather property tax receipts. ...
Get copies of mortgage payment records. ...
Provide proof of homeowner's insurance in your name. ...
Complete an affidavit of ownership.
Is a warranty deed the same as a title?
A warranty deed is a higher level of protection produced by the seller upon the real estate closing. It includes a full legal description of the property, and confirms the title is clear and free from all liens, encumbrances, or title defects. Most property sales make use of a warranty deed.
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