Commercial & Residential Defective Title Risks can now be quoted, cover issued and documents emailed, faxed and/or posted in minuets. Legal Indemnities cover property owners, property developers and lenders against the risks associated with defective title. The cover is arranged on behalf of clients who are in the process of Conveyancing, and is available for both residential and commercial land and property in England and Wales.

The product can protect owners against a loss caused by identified title problems. These issues can threaten a purchaser’s continued use, development or redevelopment of land. Purchasing insurance can speed up property transactions or in some cases can enable a transaction to complete that may otherwise fail.

Title Insurance responds to the issues created by defective title in a number of ways, including:
• Covering the cost of responding to a challenge over the insured’s right to use the property.
• Covering the cost of pro-active steps to rectify a challenge, including legal fees.
• Indemnifying the insured against a loss such as losing ownership of the property or not being able to use the property in the way they envisaged.

Examples of cover - Legal Indemnities, Absent Landlord, Lack of Building Regulations, Maisonette Indemnity, Possessory Title, Rent Charge, Restrictive Covenants, Adverse Possession, Breach of Freehold Restrictive Covenant, Building over a Sewer (Lender Only), Chancel Repair, Defective Lease, Exercise of Reserved Rights to Mine, Flying/Creeping Freehold, Forced Removal/Obstruction of a Right of Way, Good Leasehold, Insolvency (Deed of Gift/Undervalue Transaction) and many more.