• Title Insurance:  What it is and What it isn't
  • October 28, 2013 | Author: R. Scott Alagood
  • Law Firm: Alagood & Cartwright, P.C. - Denton Office
  • An extremely high percentage of real estate sales and financing transactions involve the issuance of a policy of title insurance of some type. In dealing with clients in residential or commercial transactions, I have found that most consumers of title insurance products do not fully understand what title insurance is, why they acquire it, and what benefits are conferred upon the insured in the event of a title defect. This article will address some common misconceptions about title insurance and explain what it is and what it isn't.