Title Insurance Tuesday- Learn Here
Summit Title LDS
Summit Title LDS
Seems Like A Simple Question...
"If I have an Owner's Policy, can I just transfer that to my new buyer?"
NO!
Owner's Title Policies are not transferable and they offer a specific amount of coverage to the specific title holder. A new policy must be issued in a new amount to a new title holder for them to receive the coverage.
If you have an Owner's Title Policy, you can provide it to the title company and receive a 20% discount on the premium for a new policy! #DISCOUNT :-)
Stay tuned for another Title Tuesday- Learn More...
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