Posted by Rich-CA on May 03, 2008 at 11:08:50:
In Reply to: Re: Buyer's gonna want T policy posted by danny cornett on May 02, 2008 at 13:51:17:
Its based on a title report but covers the title with an insurance policy in case anything like what you describe comes up. If you had a Title policy in place, and a court took title away from you, the Title Insurance would pay you back for the loss.