Title Insurance definition

Title Insurance. An American Land Title Association (ALTA) mortgage loan title policy form 1970, or other form of Title Insurance Policy acceptable to FNMA or FHLMC, including all riders and endorsements thereto, insuring that the Security Instrument constitutes a valid first lien on the related Mortgaged Property subject only to permitted encumbrances.

Title Insurance means the insuring, guaranteeing, or indemnifying of an owner of real or personal property or the holder of liens or encumbrances on that property, or others interested in the property against loss or damage suffered by reason of liens or encumbrances upon, defects in, or the unmarketability of the title to the property, or invalidity or unenforceability of any liens or encumbrances on the property.

Title Insurance means the loan policy or policies of title insurance issued to Administrative Agent for the benefit of Lenders by the Title Company, in an amount equal to the maximum principal amount of the Loan, insuring the validity and priority of the Mortgage encumbering the Land and Improvements for the benefit of Administrative Agent and Lenders.

Examples of Title Insurance in a sentence

• Code § 32-21-5-1; and (f) an Owner’s Commitment of Title Insurance from Title Company (the “Title Policy”) free of any liens related to Seller’s mortgage or for delinquent taxes (collectively, the “Closing Documents”).

• Within ten (10) days from the execution of this Agreement, Seller shall obtain at Purchaser’s sole cost and expense, a current title commitment from Kenzley Title Group, Inc., serving as agent for Chicago Title Insurance Company for the latest ALTA Form Policy for the Subject Property in the amount of the Purchase Price (“Title Commitment”), together with copies of all documents referred to therein (“Title Documents”).

• Seller shall furnish to Buyer an Owner's Policy of Title Insurance to said real estate showing marketable or insurable record title.

• The Title Insurance Company may require a New Survey or New ILC, defined 305 below, among other requirements for OEC.

• If the Cooperator is a municipality, political subdivision or state agency, it may use an Ownership and Encumbrance Report acceptable to the District in lieu of a Title Insurance Commitment.

More Definitions of Title Insurance

Title Insurance means insurance of the owners of real property and other persons lawfully interested in the title insurance against loss by reason of defective titles and undisclosed liens and encumbrances affecting the property.

Title Insurance means an ALTA Form B Owners Policy of Title Insurance for the full Purchase Price insuring marketable title in Buyer in fee simple, subject only to the Permitted Exceptions, issued by a title insurer acceptable to Buyer.

Title Insurance has the meaning set forth in Section 3.5(j).

Title Insurance has the meaning set forth in Section 3.5(m).

Title Insurance means insuring, guaranteeing,

Title Insurance means a title insurance policy(s) or an acceptable marked-up commitment therefor issued by Fidelity National Title Insurance Company, in the aggregate amount of the Loan insuring (a) the Trustee (for the benefit of the Owners of the Series B-1 Bonds) as the holder of a valid first priority lien in regard to the Senior Bonds and (b) the Trustee (for the proportionate benefit of the Owners of the Series B-2 Bonds) a valid subordinate second lien in regard to the Subordinate Bonds, each covering the Project as created under the Mortgage, and reflecting that the Borrower holds fee simple title to the Project.

Title Insurance means insuring, guaranteeing, or indemnifying owners of real property or others interested in real property against loss or damage suffered by reason of liens or encumbrances upon, defect in, or the unmarketability of the title to the real property, guaranteeing, warranting, or otherwise insuring by a title insurance company the correctness of searches relating to the title to real property, or doing any business in substance equivalent to any of the foregoing.