IndiaInsurance
1st April 2011, 08:23 AM
Owning a property is everyone's dream, may it be a person earning a humble living or someone who is rich. It is the predominant goal of a middle-income person while he plans for his family and arranges his life for a comfortable living.
The realty sector is in a nascent state as was in the US a century ago. Americans had to deal with conveyancers for the real estate transactions and title insurance changed, corrected and coordinated various loopholes in America's land and title Laws. It overcame many issues that were rampant in the US like defective titles, forgery, and frauds in realty transactions.
An overview of the title insurance in the US and its process can be drawn in simple terms. A person who opts for a title insurance policy will generally cover these items though there are variations in types of policies.
More... (http://economictimes.indiatimes.com/quickiearticleshow/7841170.cms)
The realty sector is in a nascent state as was in the US a century ago. Americans had to deal with conveyancers for the real estate transactions and title insurance changed, corrected and coordinated various loopholes in America's land and title Laws. It overcame many issues that were rampant in the US like defective titles, forgery, and frauds in realty transactions.
An overview of the title insurance in the US and its process can be drawn in simple terms. A person who opts for a title insurance policy will generally cover these items though there are variations in types of policies.
More... (http://economictimes.indiatimes.com/quickiearticleshow/7841170.cms)