- What is title insurance? Title Insurance is insurance that covers financial loss as a result of a defect in a title to real estate.
- What period will the insurance will cover? When we buy commercial insurance, whether auto or property, we cover our business or auto from the time we purchase the policy until the point in the future that the coverage is canceled. Title insurance, though, works in reverse. It covers from the moment you purchase your commercial property and into the past. If you are sued after you close on the property, then the title insurance may not cover you.
- What do I do if I suspect fraud or problems with my title insurance? Title insurance issues can be quite tricky, especially with Tulsa commercial real estate. To ensure that you are covered for everything you need, talk to your Tulsa attorney or your Tulsa title company. Think about asking for extended coverage on your title insurance to cover you from your commercial real estate purchase into the future.
Suspect Oklahoma Title Fraud, contact David Keesling at Richardson, Richardson, Boudreaux at 918-492-7674 or www.rrblawok.com.
For all thing related to Oklahoma title insurance contact Karen Burnette of FirsTitle at 918-493-2241 or www.firstitle.com
For all your Oklahoma commercial insurance needs and more, contact Mike Tedford, Tedford Insurance at 918-299-2345 or www.tedfordinsurance.com
For all your Tulsa, Oklahoma area commercial real estate needs, contact Darryl Baskin of McGraw Realtors at 918-258-2600 or www.darrylbaskin.com
For all your Tulsa real estate advice, tips, and home searches, visit www.homeguidetulsa.com.
