Title Commitments and Title Policies

 

Our title policies go through a thorough search and examination process we offer two types of insurance policies, an owners and a mortgage policy.

 

Before we issue any policy, it becomes a report or what we call a commitment. This commitment states who the deed holder (owner) is, any outstanding liens, encumbrances and other defects which might affect the title of the property. This information is very important to you and will be used as a guideline to fulfill all requirements to convey good title.

 

Upon completion of all requirements Attorneys Title Insurance Agency of Aspen, LLC will issue a title insurance policy. This policy sets out the new ownership, if any, and incorporates all other changes which took place up to the date of closing. Separate policies are written to protect both the interests of the property owner and the lender.