You are probably familiar with title insurance, as mortgage lenders require it to insure your mortgage if you’re in the market for a home. Although not everybody knows why endorsement that is title desired or required. We’ve got you covered.
What’s Title Endorsement?
“Title endorsements increase the coverage of the standard owner’s title insurance coverage, frequently either by eliminating exceptions to your policy that is standard by the addition of protection particular in to the property’s situation, ” describes Elizabeth Whitman, attorney-at-law with Whitman Legal possibilities in Potomac, Maryland.