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What is title insurance?

Title insurance is a policy that covers third-party claims on a property that don’t show up in the initial title search and arise after a real estate closing

Types of title insurance

There are two types of title insurance: lender’s title insurance (also called a loan policy) and owner’s title insurance.

Title insurance costs

Title insurance is a one-time, up-front fee—not an ongoing expense. An owner’s policy is based on the home’s purchase price, while a lender’s policy is based on the loan amount.

New York real estate is a major investment. Safeguard your investment. Work with an established New York real estate legal team to avoid and resolve disputes and conflicts smoothly and quickly. Call 518-752-3111 or send the team an email to make the connection. We serve clients in the NY capital region and Washington, D.C.

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