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chain of title |
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chain of title The history of all owners and lien holders of real property,together with the dates of their acquisition and the nature of their title,going all the way back to the first deed out of the government. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The first product group to be launched under this agreement is the "Detailed Foreclosure Research" product set, allowing serious foreclosure investors to dig deeper into government records and identify problems in the chain of title or liens against the property, which could expose the investor to extreme risk. But others question why there hasn't been better transparency in defining what those expenses are, particularly given that the industry's loss ratio is only 6%, and with Garamendi noting that costs should have plummeted now that most chain of title is by way of computer. Title insurance protects a buyer of real estate against potential fraud by researching the chain of title to a property before a transaction closes. |
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