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title insurance

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title insurance

–noun
insurance protecting the owner or mortgagee of real estate from lawsuits or claims arising from a defective title.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2009.
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Legal Dictionary

Main Entry: title insurance
Function: noun
: insurance that compensates for loss from title defects or encumbrances (as liens) that were unknown but should have been discovered at the time the policy was issued
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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