2007-01-29 09:48:37 · 3 answers · asked by Lora 3 in Business & Finance ➔ Renting & Real Estate
First and foremost they issue title insurance on the transactions. They perform many functions that are ancillary to the real estate sales business. Closing processes, accounting processes. Many things, too many to count in this forum.
But mainly they sell title insurance on the transfer of title.
Visit a title co website for fun.
www.stewarttitle.com
www.chicagotitle.com
Best of luck
2007-01-29 09:54:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
A title company issues insurance policies on your title. Basically, they search records to find any clouds(problems) on a title. If they find any, they notify the title holder. If they don't find any problems, and they usually don't, they issue a policy to the buyers. If a problem comes up after a policy is issued, the title company may have to pay to clear the title.
2007-02-02 17:51:43 · answer #2 · answered by 4-real 2 · 0⤊ 0⤋
They provide title insurance that protects owners in the event that title to the property is found to be invalid.
2007-01-29 18:29:57 · answer #3 · answered by loladrewblue 4 · 0⤊ 0⤋