Title Policy

The Title Policy is a critical document in real estate transactions that outlines the title insurance coverage for a property. It serves to protect property buyers and lenders against potential defects in the title or ownership disputes that may arise. This document details the rights and obligations of the parties involved and provides a summary of the property's title history, ensuring that the title is free of liens and encumbrances.

Primarily used by financial institutions and real estate professionals, the Title Policy is indispensable in facilitating secure property transactions, as it reassures buyers and lenders that their investments are shielded from legal disputes regarding the title. Understanding the elements of a Title Policy is vital for effective risk management in real estate dealings.

Extractable Data Fields

Below is a table listing the key data fields that Vaultedge can extract from the Title Policy. Please refer to the table below for detailed information.