Transaction Terms
Insurance protecting buyer and lender against title defects discovered after closing. Both owner's and lender's policies are standard.
Title insurance protects against losses from title defects — undiscovered liens, boundary disputes, forged deeds, or missed easements. Two policies are typical in commercial: an owner's policy (protects buyer) and a lender's policy (required by lender). Premium approximately 0.5% of purchase price in Florida, paid once at closing.
We can help you understand how this concept applies to your specific commercial real estate investment or transaction.
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