Title insurance companies when preparing legal documents for a real estate closing do so as a broker's scrivener.
Indemnity insurance is known as "title insurance" and protects against financial loss resulting from flaws in the title to real estate and the invalidity or unenforceability of mortgage loans.
It is most common in the United States and Canada. The recorders of deeds in US states typically do not guarantee indefeasible title to such recorded titles, unlike other land registration systems in other nations.
About the insurance coverage offered by the policy, title insurance will either defend against a lawsuit that challenges the title or pay the insured for any actual financial losses up to that amount.
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