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🔑 Understanding Title Insurance: Types of Title Insurance In real estate, there are two crucial types of title insurance: Owner’s Title Insurance: Protects the buyer's interests, ensuring their property rights separate from the lender's policy. Lender’s Title Insurance: Safeguards the lender's interests by validating their mortgage lien on the property. 💼 An Owner’s Policy is typically issued for the property's purchase price, staying effective as long as the owner or heirs hold interest. It covers pre-transaction risks and defends against title attacks. 💼 Lender’s Policy covers the loan amount, with liability reducing as the mortgage debt decreases. Payment responsibility varies: sellers may buy the Owner’s Policy, or buyers request and pay separately.🏠 www.evontitleservices.com #titleindustry #realestatetech #titlesettlement #titlesearch #settlementservices #realestatelaw #propertytransactions #mortgagelending #realestateinvestment #legalservices #propertylaw #titleclosing #propertyownership #realestatefinance #titleclearance #titleexamining #realestatebusiness #titleprofessional #realestateservices #titleinsurance #titleclearing #titleexamination #titleprocessing #titlereports #documentpreparation #titledocumentation #titleresearch #titlerecording #escrowservices #closingservices #documentrecording #propertyownershipverification #propertytitleverification #loanclosings #titlepolicyissuance #titleopinionletters #titlesearchreports #titleresolution #titleunderwriting #titleinsuranceclaims #liensearch #documentretrieval #innovation #realtor #escrow #notarypublic #mobilenotary #mortgage #loansigningagent #realtorlife #realestatelife #miamirealestate #nationalnotaryassociation #miaminotary #broker #browardnotary #powerofattorney #notaryservices #entrepreneur #realestatetips #miami #realtors #closingday #travelnotary #titleinsurancecompany #business #signingagent #realestateattorney #nna #njrealestate #floridarealestate #mortgagebroker #loanofficer #loandocs #commercial #titlesearch #broward #smallbusiness #southflorida #businessowner #notarybabe #travelnotarypublic #realestateinvesting #browardrealestate #refinance #notarylife #realestatetitle #titleandescrow #success #browardschools #homebuyers #realestatesales #homeownership #homeowner #titleagency #titlerep #homebuyer #realtorsoinstagram #propertytips #realestateclosings #foundationtitle #property #sold #newhome #alabama #alaska #arizona #arkansas #california #colorado #connecticut #delaware #florida #georgia #hawaii #idaho #illinois #indiana #iowa #kansas #kentucky #louisiana #maine #maryland #massachusetts #michigan #minnesota #mississippi #missouri #montana #nebraska #nevada #newhampshire #newjersey #newmexico #newyork #northcarolina #northdakota #ohio #oklahoma #oregon #pennsylvania #rhodeisland #southcarolina #southdakota #tennessee #texas #utah #vermont #virginia #washington #westvirginia #wisconsin #wyoming

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