Contract indemnifying against loss resulting from a defect in the title to the interest in the real property insured.
An insurance policy that insures a party against loss due to a defective title.
An insurance policy that insures that the condition of title is good, however certain exclusions to the title will not be insured. There is ownerÕs title insurance and lenderÕs title insurance
Insurance against loss resulting from defects in title to a specifically described parcel of real property.
A policy issued by a title insurance company insuring against loss due to any defect in the title to real property existing prior to the issuance of the policy (see 'Owner's Title Insurance Policy'; 'Mortgage Title Policy').