Hold Harmless Letters

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A hold harmless letter is an indemnity agreement between two title insurance underwriters wherein, one underwriter agrees to indemnify the other for any claim that may arise out of a particular...

A. Overview

An indemnity letter, or hold harmless letter, is an agreement, in letter form given by one title insurance underwriter to another, indemnifying the latter against a particular...

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HOLD HARMLESS LETTERS

In the title industry, a hold...

Advocus Needs Agent's Assistance, Timely Requests

Advocus' Hold Harmless Department procures hold harmless letters from other title companies as a service to our...

Procurement of Hold Harmless Letters from Other...

Whenever possible, a seller should provide a prior Owner’s Policy of title insurance. Ideally, the seller should provide the prior policy in time to include it with the search order, but even if...

Many Hold Harmless Departments at other title companies now have a minimum turnaround time of one and one half weeks to issue a Hold Harmless Letter—and it sometimes takes substantially longer....