Tacking on title insurance adds protection.(Small Business)

Crain's Cleveland Business | December 13, 2004| | Copyright

Byline: Michael Sikora

Real estate - the single largest investment for most individuals and businesses - is not truly protected without title insurance.

One of every four real estate transactions is met with a title problem, making title insurance an outstanding value. Unlike hazard insurance, which protects the physical structures on the property from a casualty such as a fire or flood, title insurance guards ownership of the property itself.

So, what is it?

Title insurance protects property owners, lenders and tenants against title ...

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