Do attorneys issue and sell title insurance or simply buy it on behalf of their clients?
Tuesday, October 2nd, 2007 at
11:15 pm
Levitra Online title=’attorneys’ alt=’attorneys’ />nick69kcin asked:
I understand that attorneys perform title searches and make a title judgment/title assessment. I also know that they would have to hold an insurance license in the state they are located, be backed by an insurance company(i.e. be an insurance broker/rep), or have an actual insurance company,but all of these are possible to do. What is the normal situation with real estate attorneys and title insurance?
I understand that attorneys perform title searches and make a title judgment/title assessment. I also know that they would have to hold an insurance license in the state they are located, be backed by an insurance company(i.e. be an insurance broker/rep), or have an actual insurance company,but all of these are possible to do. What is the normal situation with real estate attorneys and title insurance?
No. Title companies issue title insurance.
the attorney has to be approved to do title opinions for title insurance companies. there are required classes and seminars and insurance the attorney must have before they are cleared to do the title check and opinion for the title insurance company. Then the title company issues the policy.