Title Insurance for New Builds in August 2023
Exploring the importance of title insurance for new builds, especially when previous owners existed or subdivision occurred. Discover why lenders require it and how it protects against risks like mechanic's liens and title concerns. Consider the benefits and necessity before thanking us for valuable insights.
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Presentation Transcript
Title Insurance on a New Build August 2023
DO YOU NEED IT? Someone owned the land before your client did and it was likely a much larger parcel that was subdivided.
THINGS TO CONSIDER
1 Lenders require a policy
2 Mechanic s Liens
3 Subdivision of the land
4 Typical title concerns
