opinion of title

opinion of title

A letter,certificate,or other writing containing a report regarding title to real property and all encumbrances upon it,as of a certain date and time.The opinion of title is not the same thing as title insurance.If the preparer,usually an attorney,makes a mistake,then one's only recourse is to sue for malpractice.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
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