Business, Legal & Accounting Glossary
In title insurance, this is the part of the policy that protects the borrower in the event something were to go wrong with the title, such as a lien that was missed in the title search. This policy is designed to protect the borrower against losses of this type.
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Definitions for Owner’s Policy are sourced/syndicated and enhanced from:
This glossary post was last updated: 16th November, 2021 | 0 Views.