![]() |
||
|
How is TitlePLUS coverage different?
TitlePLUS coverage is comprehensive. It automatically covers both the home buyer(s) and their lending institution under the same policy, for one price. TitlePLUS title insurance covers both the title-related risks and the legal services provided by the lawyer. TitlePLUS covers many of the risks normally beyond the scope of a lawyer's opinion, including fraud, forgery, survey errors, and errors made by municipalities and utilities in providing information to the lawyer.* TitlePLUS reduces the paperwork in a residential real estate transaction. It reduces the administrative work you must undertake in a mortgage transaction and makes lawyers' opinion letters redundant. TitlePLUS streamlines the way a home purchase or mortgage refinance is closed, saving you time; TitlePLUS reduces disbursement costs on most real estate closings, thus saving your client money. Only TitlePLUS standardizes legal services by requiring that lawyers follow a defined set of searches, inquires and procedures, thereby enhancing legal services. Lenders receive the same standard of service from all real estate lawyers while potentially saving money. TitlePLUS also reduces the time a lawyer must spend on redundant paperwork, allowing him or her more time to provide buyers and lenders with personal service and advice. * Some restrictions may apply. Please refer to the policy for full details, including actual terms and conditions. Introduction
|
||||||||||||||||||||||||||||
| | |
| Home | LAWPRO Home | Site Map | Contact Us | Privacy | Fine Print | Feedback | |
| © 2010 Lawyers' Professional Indemnity Company (LAWPRO) | |