by MassTitle | Apr 17, 2011 | Questions & Answers
The loan policy does not protect the borrower. The loan policy protects only the lender against loss, not the borrower. The borrower for a purchase loan can obtain title insurance to protect their own interests, and it protects the borrower for as long as they own the...
by MassTitle | Apr 17, 2011 | Questions & Answers
Title insurance is necessary because it is issued after an examination of the public records. But even the most thorough search cannot absolutely assure that no title defects are present, despite the knowledge and experience of professional title examiners. In...