Title Insurance

Construction escrows that were in progress on September 1, 2023, must be updated by having the parties (the...

Summary: The purchaser of real estate has a duty to examine the public record and is chargeable with notice of whatever is shown by the record, even if the matter was not...

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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...

ATG has adopted the American Land Title Association (ALTA) Homeowner's Policy of Title Insurance for a one-to-four family residence, as last revised by ALTA on 02-03-10, for use on transactions...

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Lawmakers in Illinois are considering a significant overhaul of...

An installment contract is an alternative to traditional mortgage financing where the buyer pays the sales price to the seller in installments over time. Instead of a deed and mortgage, the buyer...

Summary: Title companies can have liability for negligent misrepresentation to buyers who relied on the commitment despite not having been named a proposed insured....

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