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2. What is title insurance, and do homebuyers need it? - AOL

   www.aol.com/finance/title-insurance-homebuyers...

   Title insurance policies typically cost a median of 0.67 percent of the property’s sale price, according to data from Fannie Mae. The median cost in dollars is $1,901. The median cost in dollars ...

3. Common real estate contingencies and what they mean - AOL

   www.aol.com/finance/common-real-estate...

   Homeowners insurance contingency: This clause stipulates that the buyer must apply for and obtain homeowners insurance on the property. If they can’t get the necessary insurance, either party ...

4. Title insurance - Wikipedia

   en.wikipedia.org/wiki/Title_insurance

   The first title insurance company, the Law Property Assurance and Trust Society, was formed in Pennsylvania in 1853. [1] Typically the real property interests insured are fee simple ownership or a mortgage. However, title insurance can be purchased to insure any interest in real property, including an easement, lease, or life estate.

5. What is a clear title? How to check if a property has one - AOL

   www.aol.com/finance/clear-title-check-property...

   With an owner’s title insurance policy, the title insurance company will pay any outstanding loan balance as well as your equity up to the purchase price in the event of a successful claim of ...

6. Chain of title - Wikipedia

   en.wikipedia.org/wiki/Chain_of_title

   A chain of title is the sequence of historical transfers of title to a property. It is a valuable tool to identify and document past owners of a property and serves as a property's historical ownership timeline. The "chain" runs from the present owner back to the original owner of the property.

7. Warranty deed - Wikipedia

   en.wikipedia.org/wiki/Warranty_deed

   A title search provides constructive notice of any encumbrances, easements, or restrictions on the property being conveyed, and is generally considered part of a buyer's due diligence in the process of purchasing real estate. Buyers can also purchase title insurance to protect against title defects.