Frequently Ask

We are a service provider for the professional title agents who represent Chicago Title Insurance Company. We provide title searches, typing services, underwriting support and general assistance in the preparation of the title insurance policy.

The title search is a comprehensive determination of ownership of a specific piece of property. The title search will disclose ownership of the property, the liens (e.g. mortgages) against the property and the status of the real estate taxes on the property.

A. In simple terms, it is an insurance policy which guarantees the status of ownership and liens on a particular piece of real estate. The title insurer, for example Chicago Title Insurance Company , issues a policy that the property as of a certain date is owned, subject to certain liens, as shown on the title search. If this is incorrect, and a financial loss is suffered by the insured, the title insurance company will be responsible for a claim.

When purchasing, selling or refinancing a piece of real estate, title insurance is usually required by the lender and the buyer. The buyer wants to be protected that he/she is now the legal owner of the property. The lender needs to be insured its lien is in the proper priority in the event of the borrower’s default on the mortgage.