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Owner's title insurance
Owner's title insurance An insurance policy protecting the buyer for the amount of the purchase price in the event of a future title dispute.
RELATED TERMS--------------------------------------
Insurance Protection against a specific loss over a period of time that is secured by the payment of a regularly scheduled premium.
Title 1) The rights of ownership and possession of particular property. 2) In real estate usage, title may refer to the instruments or documents by which a right of ownership is established (title documents), or it may refer to the ownership interest one has in the real estate.
SIMILAR TERMS--------------------------------------
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PREVIOUS AND NEXT TERMS--------------------------------------
Overhanging redemption penalty An early redemption charge that lasts beyond the benefit period is referred to as an extended or overhanging redemption penalty.
Owner financing A property purchase transaction in which the property seller provides all or part of the financing.
Owner of record The person named in the public record as the owner of a property or mortgage.
Owner-occupied A property where the owner physically occupies the property.
Owners policy Title insurance for the owner of property, rather than a lien holder.
Owner's title insurance
Ownership The right to possess and use property to the exclusion of others.
This dictionary contains 6433 terms. |
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