Legal Question in Real Estate Law in Arizona
In a private property sale, who would normally pay title insurance? the buyer or the seller?
Asked on 5/11/12, 1:28 pm
1 Answer from Attorneys
Joyce Johnson-Stovall
Johnson Stovall and Associates PLLC
In a private property sale, all terms are negotiable. Many times the seller will pay for title insurance; however title insurance benefits both the seller and buyer, so if the seller wont pay for it, the buyer should. Title insurance protects the buyer from a later claim that the title is defective.
Answered on 5/11/12, 3:42 pm