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Commercial Title
Insurance
Commercial Title Insurance is a type of
insurance that protects the owner or lender.
Commonly associated with title search, to
find out if there are liens or clouds
(unpaid taxes & other claims) on the
commercial property and defines the
boundaries of the real estate being
purchase. During the term of the mortgage,
the title company protects both the owner
and the lender from financial loss resulting
from problems with the title that may arise
due to unexpected property claims that are
not excluded by the policy. Chairman Title
is designed to streamline the title
insurance process which will enable real
estate professionals and investors to close
transactions faster, securely and with the
ability to pass along costs savings to
clients and owners.
Title
insurance protects your ownership to the
property and you against:
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Fraud –
fraudulent mortgages on property
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Errors –
in surveys or other official public
records
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Encroachments – onto neighboring properties
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Zoning –
infractions
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And many
more known and unknown defects that could
affect your ability to sell your property in
the future |