![]() ![]() In some cases, a title may be defective or what is often referred to as “clouded”. When purchasing a home or other real property, buyers engage a title company to do a title search aimed at establishing the fact that the present owners have the right to sell the property as evidenced by a free and clear title that can be legally transferred to the new owner. Title insurance protects buyers of real estate against financial loss due to defects in the title of the subject property. Title insurance is one concept that buyers often have questions about, particularly the matters of title commitment and Schedule B exceptions to title insurance coverage. Real estate transactions are fairly complex legal matters, and first-time homebuyers in particular are likely to encounter many new and unfamiliar terms while preparing for the closing process that completes the deal and transfers ownership. of Barry Miller Law Offices, Orlando Can Title Insurance Exceptions on Schedule B-II be Removed? ![]()
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