Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,885,511,551 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

closing protection letter

   Also found in: Acronyms 0.02 sec.
closing protection letter

Additional title insurance coverage insuring the lender against losses caused by errors or infidelity of the closing attorney or the closing agents in the handling of the transaction.



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.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
No references found
 
To address these kinds of scenarios, many lenders have begun to demand that title insurers supplement their title insurance policies with a closing protection letter ("CPL").
In these January recoveries, for example," said Thomas, "one case was against a broker based on strong language in the broker agreement, another against a title company through the closing protection letter, and another against an
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2010 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.