Sunday, March 25, 2007

query: title insurance policy issue within 6 months

In Pennsylvania, a title insurance commitment is only good for six months so if the insurer has not converted the commitment into a policy, the title must be re-examined and another title commitment issued.Now, why might the issuance of a policy be delayed?Well, you can purposefully delay the issuance of a policy.I've had consumers purchase land with cash, obtain a title commitment and delay the

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