Title Insurance Claims Clause Samples
The Title Insurance Claims clause outlines the procedures and requirements for making a claim under a title insurance policy. It typically specifies the steps a policyholder must take to notify the insurer of a potential defect or loss related to the property’s title, such as providing documentation and cooperating with any investigation. This clause ensures that both the insurer and the insured understand their responsibilities in the event of a title issue, thereby facilitating efficient resolution of claims and protecting the insured from financial loss due to title defects.
Title Insurance Claims. The Master Servicer must be notified contemporaneously with the making of any claim under the Title Insurance policy.
Title Insurance Claims. Section 15.6
Title Insurance Claims. Section 15.6. Insurance Loss Settlements ...................................... 15.6.1.
Title Insurance Claims. Notwithstanding any liability or obligation excepted pursuant to subclauses (i) through (iii) in Section 4.6 above:
(a) each title insurance policy originated by Pioneer was originated in compliance with the underwriting criteria for such policy imposed pursuant to the Agency Agreement under which such policy was issued (except where Pioneer has placed policies in excess of the policy limits set forth in the relevant Agency Agreement on certain occasions and either received a written waiver from the relevant underwriter, disclosed to such underwriter the such non-compliance at the time the policy was accepted or the relevant underwriter accepted such title insurance policy premium notwithstanding such noncompliance); and
(b) Pioneer has no liability (including, without limitation, liability for the non-complying title insurance policies discussed in the exception contained in clause (a) above) with respect to any title insurance policy originated by Pioneer pursuant to the Agency Agreements through the Closing Date.
Title Insurance Claims. Seller has asserted no claims under a Title Insurance Policy relating to the priority or enforceability of its Mortgage.
Title Insurance Claims. Section 15.6 Insurance Loss Settlements 15.6.1.