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

• Source of Ownership Information: • ALTA Commitment for Title Insurance issued by First American Title Insurance Company under File No. NCS-1142063-SA1 (Commitment Date of July 29, 2022 at 7:30 a.m.).

• Source of Ownership Information: • ALTA Commitment for Title Insurance issued by First American Title Insurance Company under File No. NCS-1142058-SA1 (Commitment Date of August 2, 2022 at 7:30 a.m.).

• Seller shall furnish to Buyer an Owner’s Policy of Title Insurance issued by Great Western Abstract and Title Company in the amount of the sales price to insure buyer against loss under the provisions of the title policy, subject to the promulgated exclusions and exceptions (including existing building and zoning ordinances).

• During the Feasibility Study Period, Buyer may, at its sole expense, examine the title to the Property and obtain a commitment for title insurance (the "Title Commitment") covering the Property issued by Old Republic Title Insurance Company or other title company (the "Title Company"), which Title Commitment shall agree to issue to Buyer and/or Xxxxx’s lender, upon the Closing of this transaction, an ALTA owner's and lender’s title insurance policy in the full amount of the Purchase Price.

• Source of Ownership Information: • ALTA Commitment for Title Insurance issued by First American Title Insurance Company under File No. NCS-1142061-SA1 (Commitment Date of July 29, 2022 at 7:30 a.m.).

More Definitions of Title Insurance

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 means insuring, guaranteeing,

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 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 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 A-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 A-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. One or more title insurance commitments, binders or policies, as Lender may require, issued by the Title Company, on a coinsurance or reinsurance basis (with direct access endorsement or rights) if and as required by Lender, in the maximum amount of the Loan insuring or committing to insure that the Deed of Trust constitutes a valid lien covering the Land and the Phase I and Phase II Improvements, subject only to those exceptions which Lender may approve.