We recently launched a new business line offered by our specialist title insurance team and wanted to provide further information on what this product covers.
Title insurance is a great way to protect your commercial real estate investment. Title insurance is typically purchased to complement a ‘transaction’ and is used to help safeguard you against potential losses resulting from legal challenges related to property ownership and/or use. A ‘transaction’ in this context may take the form of a sale, a refinancing or development of real estate.Title insurance is not limited to just real estate transactions though, so please refer to questions 5 and 6 of the FAQs document for further information about the different applications of title insurance.While title insurance has traditionally been underutilised in Australia and New Zealand compared to its adoption in other countries, its valuable benefits are now gaining the recognition they deserve.
