logo
Ask Question

Asked by Cleo E. Rodriguez on May 12, 2024

verifed

Verified

Title insurance is unnecessary if a title search is made.

Title Insurance

Insurance that protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances, or defects in the title to the property.

Title Search

A check of public records to confirm a property's legal ownership and identify any claims or liens against it.

  • Recognize the significance and process of title searches in real estate transactions.
verifed

Verified Answer

RL
Rayvhen LaedaMay 17, 2024
Final Answer :
False
Explanation :
Even with a thorough title search, there is still a risk of hidden defects or errors in the title. Title insurance provides protection against these risks and is recommended by most real estate professionals.

Related questions

A Title Search Involves Examining Prior Transfers of and Encumbrances ...

_______Involves Checking the Publicly Available Records of Real Estate Transactions ...

Which of the Following Parties Is Likely to Undertake a ...

Which of the Following Statements Is True Regarding Title Examinations ...

A Contract Agreeing to Indemnify the Insured Against Certain Specified ...