Flashcards in Property & Title Insurance Deck (5)
When personal property is included in the sale, what document transfers ownership?
Bill of Sale
Pledging real estate as collateral without giving up possession
Is forgery in a warranty deed covered under title insurance?
A property was purchased for $200,000, after obtaining a loan for $150,000. How much title insurance coverage did the buyer pay for?
$150,000; the seller's policy would be for $200,000.