CAPITAL AND MORE GROUP INC.
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"Flexible Commercial Finance"
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Glossary "T"
Please click on an alphabetical link to go to the words in the glossary that start with that letter.
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Title commitment:
A commitment on the part of the insurer, once a title search has been conducted, to provide the proposed insured with a title insurance policy upon closing.
Title insurance:
Title insurance can benefit either the payor or the payee. Should the beneficiary suffer any damages due to clouded or false title to real estate, title insurance recompenses the damaged party to the extent of the damages.
Title policy:
An insurance policy that insures a party against loss due to a defective title.
Copyright© 2003-2007 Capital And More Group Inc. All Rights Reserved
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