State of New Jersey Department of Banking and Insurance Licensed Producer: Title, Life, Health
Title Insurance Terms:
Title - The evidence of right which a person has to the ownership
and possession of land. Commonly considered as a history of rights.
Owner's Title Policy - A policy of title insurance, which insures a named owner against loss by reason of defects,
liens and encumbrances not excepted to in the policy or unmarketability of the title. The company also agrees to defend covered claims made against the title.
Encumbrance - A lien, liability or charge upon a
parcel of land.
Chain of Title - A term applied to the past series of transactions and documents affecting the title to a
particular parcel of land.
(from the Real Estate Dictionary provided by Old Republic Title Insurance Group 12/14)
*The opinions expressed on this website are strictly those of Malleo Financial Services,
LLC and not
those of any of our affiliates.
*Malleo Financial Services LLC cannot and
will not give any tax or legal advice.
Our Core Services
Malleo Financial Services specializes in 2 areas of personal finance.