- Owners coverage
- Lenders, or mortgagee, protection
Owners title insurance ordinarily is issued in the amount of the real estate purchase and lasts as long as the insured, or his/hers heirs have an interest in the property.
The amount of lenders title insurance decreases and eventually disappears as the loan is paid off. Most lenders require title insurance as security for their investment in real estate, just as they may require fire insurance and other types of coverage.
At bradfordmillerlaw.com you will find information about our firm along with helpful real estate information. Give us a call at 312-238-9298 for a FREE 15-minute consultation to discuss your pending or potential real estate transaction.
Posted by Bradford Miller Law, P.C.
Practicing in Real Estate Law, Landlord Tenant Law, and Estate Planning
134 N. LaSalle, Suite 1040
Chicago, IL 60602
Offering free legal representation to homeowners seeking a short sale
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