What is Title Insurance? | REAL-ESTATE-SALESPERSON Exam Prep

Title insurance is a policy that protects property buyers and lenders against losses from defects in title, such as liens, encumbrances, or ownership disputes that existed before purchase. 📚 Learn more about Title Insurance and other key terms for your REAL-ESTATE-SALESPERSON exam at Open Exam Prep. 🎯 This term appears on: REAL-ESTATE-SALESPERSON 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Title Insurance definition: https://www.open-exam-prep.com/glossary/title-insurance 💡 Exam Tip: Title insurance = ONE-TIME premium, protects against PAST defects. Owner's policy protects buyer, lender's policy protects bank. --- #real-estate #examprep #financeexam #real-estate-salesperson