Defective Title Insurance

Defective Title Insurance definition

/dɪˈfɛktɪv/ /ˈtʌɪt(ə)l/ /ɪnˈʃʊər(ə)ns/

What does Defective Title Insurance mean?

Insurance used in the property industry to plug holes in defective titles and cover unwelcome restrictive covenants. Title insurance does not remedy the defect—it is an indemnity against loss. It will usual contain conditions that the insured party must carefully abide by so as not to invalidate the policy.

Related documents:

Glossary terms:

Jump to letter down arrow icon
#
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Related documents:

Glossary terms:

Jump to letter down arrow icon
#
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Popular documents