Title insurance binder Sunday, June 18, 2006
A report issued by a title insurance company stating that the condition of title to certain property as of a certain date and also stating conditions which, if satisfied, will cause a policy of title insurance to be issued. Also called a "commitment". (2) A policy of title insurance (used primarily by investors) calling for a reduced rate for future policy if the property is sold within a specified period.
posted by your Insurance @ 2:13 AM,
