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Title Insurance
Updated
January 19, 2023
Title insurance is a type of indemnity insurance that protects lenders and homebuyers against financial loss caused by faults in a property's title. Lender's title insurance is the most frequent kind of title insurance, which the borrower acquires to protect the lender. The owner's title insurance, on the other hand, is frequently paid for by the seller to safeguard the buyer's equity in the property.