Title insurance plays an important role in real estate transactions. Typically, a title report is ordered before closing to enable a purchaser to review various aspects of title such as ownership, liens against the property and building code compliance and violations. A New York City title insurance lawyer can assist you with interpreting it. The report is utilized to protect the purchaser from purchasing property that is defective in these different areas. Finally, at the time of closing, the title insurance company will provide insurance with respect to the various items upon which it has reported, such as title and mortgages or liens.
An individual landowner or homeowner can choose a title insurance company when purchasing or refinancing residential property. Typically, homeowners don't make this decision for themselves, instead relying on their bank's choice or the advice of a title insurance attorney in New York City.
Title insurance provides efficient and long-term protection for an owner or lender's interest in the property. This facilitates the transfer and closing process for real estate transactions and also assists with the resolution of issues that may diminish the validity of the title to a particular property.
As a New York City title insurance attorney, I work closely with my clients in all aspects of real estate law, contracts and issues surrounding title.
I graduated in the top 10% of my class at The New England School of Law in Boston and served on the prestigious “Law Review.”
To get in touch with me by phone, call (212) 355-2575. You can also fill out my contact form for a consultation with a title insurance lawyer in New York City.