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Expand Title Warranty Feature
The Expand Title Warranty feature offers you peace of mind when managing your property assets. This tool is designed to protect your investment by covering unforeseen issues related to property titles. With this feature, you can ensure that your property remains secure and your investments protected.
Key Features
Comprehensive coverage for title disputes
Protection against undisclosed claims
Transferable warranty for added value
Easy claim process with dedicated support
Potential Use Cases and Benefits
Buying a new property and wanting assurance against title issues
Selling property and providing buyers with added confidence
Handling inherited properties with complex title histories
Investing in real estate with reduced risk of title-related problems
By utilizing the Expand Title Warranty feature, you address common problems related to property ownership. This feature provides security against potential title disputes, allowing you to focus on your endeavors without the burden of unexpected claims. Secure your investment today and enjoy the benefits of confidence and clarity in your property transactions.
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What is an extended coverage title policy?
The Owner's Policy of Title Insurance can be issued with Owner's Extended coverage which provides additional protections for the Insured. This ties into the similar sections of the Real Estate Commission approved contract forms which deal with the type of policy requested by the Buyer.
What is the difference in cost between standard and extended coverage?
The main difference between extended replacement and standard replacement cost lies in the overall coverage provided specifically: how much coverage will be offered in the event of a severe loss. Standard replacement cost will only pay up to your coverage limit.
What does an extended coverage title insurance policy cover?
An extended policy, also referred to as an ALTA, for American Land Title Association, policy, covers you against many more risks. ... You also get protected against unrecorded mechanic's liens from workers, unrecorded tax liens and other imperfections in title.
What is an ALTA Extended Coverage Policy?
An ALTA Extended Coverage loan policy from the Standard Coverage Policy by offering insurance against matters which cannot be determined by an examination of public records. REMEMBER: An ALTA Extended loan policy covers the lender only.
Should I get extended title insurance?
The main advantage of an extended title insurance cover is that it will also pay for post-policy risks and claims. Some instances where you should consider extended title insurance coverage would be: When you are buying a property, where lien claims may be complicated further by bankruptcy issues.
What is an extended title coverage policy that insures against many of the items excluded in the Alta standard policy?
The ALTA (California Land Title Association) policy insures the property owner and the ALTA (American Land Title Association) is an extended coverage policy that insures the lender against possible unrecorded risks excluded in the ALTA policy.
What is an extended loan policy?
The Extended Loan Policy provides coverage dealing with off record matters. In addition to matters that would be discovered through an inspection and a survey of the premises, the most important factor to the lender is the insurance of the priority of its loan over any mechanics' or material men's lien claimants.
What is an extended title policy?
An extended policy, also referred to as an ALTA, for American Land Title Association, policy, covers you against many more risks. To get an ALTA extended policy, you will probably have to have a professional surveyor come out and map the land that you are buying.
What is an extended Alta policy?
American Land Title Association (ALTA) Policy An ALTA Extended Coverage loan policy from the Standard Coverage Policy by offering insurance against matters which cannot be determined by an examination of public records. REMEMBER: An ALTA Extended loan policy covers the lender only.
What is owner's extended coverage?
What is owners extended coverage? The Owner's Policy of Title Insurance can be issued with Owner's Extended coverage which provides additional protections for the Insured. This ties into the similar sections of the Real Estate Commission approved contract forms which deal with the type of policy requested by the Buyer.
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