Legal Question in Real Estate Law in California
Owners Title Insurance
Do i need to purchase a Owner's
Title Insurance policy for a Condo
i'm purchasing in CA? It's a Foreclosure.
Asked on 2/18/09, 3:04 pm
1 Answer from Attorneys
Roy Hoffman
Law Offices of Roy A. Hoffman
Re: Owners Title Insurance
You should have asked a title company to perform a preliminary title report on the property before you ever agreed to buy it; how else do you know who is foreclosing, and whether any existing encumbrances will remain after the foreclosure. If you haven't done that, you certainly should, although it may be too late at this point.
Answered on 2/18/09, 3:27 pm
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