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How title insurance helps avoid legal disputes over land rights
April 10, 2025
|Mint Bangalore
I am buying a parcel of land in Uttar Pradesh and have engaged a local resident to assist with the title clearance of the land. He suggested I procure a title insurance cover. Can you please explain what is title insurance and why is it important?
The suggestion by the person you've engaged is sensible. Title insurance is a form of indemnity insurance that protects against financial loss from defects in a property's title. These defects can arise from various eventualities, including, but not limited to, incorrect legal descriptions, public record errors, fraud or claims from previous owners.
هذه القصة من طبعة April 10, 2025 من Mint Bangalore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
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