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The standard Residential Offer to Purchase requires that a Seller deliver merchantable title to the buyer. In most cases, this is accomplished through the purchase of a title insurance policy. If you are working with an attorney from our office, we will order the title insurance on your behalf and have it delivered to the buyer within the allotted time periods. We will then work with the buyer and title insurance company to address any concerns or objections the buyer has to title. It is advisable to speak with an attorney regarding the provision of title insurance and the cost of the policy when you begin to market your home.
The American Land Title Association, commonly known as ALTA, offers consumer information and has answers to questions about title insurance.
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