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They study the paper history and public records to give you an insurance policy that you actually own the property. They cannot prove that someone's long lost brother-in-law doesn't have a claim, but they can do enough research to be willing to cover your loss if the guy turns up after you've purchased the property (or the guy who installed the fence or built the garage and claims he never got paid, etc.). Read the fine print in the title policy you have now, or any title policy. If you don't understand it, ask your real estate agent to explain it to you. If they can't, you might start shopping for a new agent.
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What is an underwriter?
In general terms, an underwriter is defined as a person who assesses risks to be covered by an insurance policy or a person (as an individual or company) who underwrites a security issue. In title insurance terms, the role of the Underwriter is: (a) The company insuring and issuing the title coverage ie: Chicago Title, Stewart Title, United General Title, First American, Attorneys Title Insurance Fund, etc. and; (b) The person with the local title agency who examines the title searches, county records, etc. in order to create a Title Binder or Title Commitment (intent to insure) for the property. Title insurance is the only type of insurance that is typically "underwritten" at the local level by the title agency. Most other types of insurance providers gather information about a car, person or property and then sends that information to a central office for processing and underwriting. An underwriter can also apply to financial industry as in the bank's underwriter or a securities underwriter.
Who plays a role in financial activities of a company?
Everyone at the company, including managers and employees
What is the role of finance committee?
The role of the finance committee is the overseeing and the function of fund generation and mentainance of a company. They regulat and they audit the whole finances of the organization or company from the personnel salary to the total gross income of the company.
What is the importance of corporate citizenship?
It aims to provide the role of a certain company to the society - what are the responsibilities of the company to the welfare of the society, etc.
Role of a salesman?
The role of a salesman is to sell products and services of a company. Their job is to persuade the uncertain buyer to go ahead and buy.
What is the role a sales representative?
The role of a sales representative is to represent the products or services that he is selling and persuade the company or person to purchase them. He is trained to close the sale and earn money for himself and the company.
What is the role of domain consultant in Software company?
The role of a domain consultant in a software company is to find the best domain names and purchase them. They know where to buy, sell, trade, and for what price. Domain consultants are vital to a software company.
Who performed the title role of the ballet Giselle?
Well it depends on what company you are asking about. But if it is the Royal Ballet then its Gelsey Kirkland.
Is The QA Manager capitalized?
Yes, "QA Manager" should be capitalized as it is a job title or role within a company.
What is the role and responsibility of a titleholder?
The role and the responsibiliy of a title holder is to hold a title!
What does current title mean?
"Current title" typically refers to the job position or role that a person currently holds within an organization. It provides a brief description of their responsibilities and authority within the company.
Which Aussie played the title role in the movie thor?
Chris Hemsworth played the title role in Thor.
Who was the Latin bombshell that played the title role in the movie Selena?
Jennifer Lopez plays the title role in Selena (1997).
Who played the title role in the 1963 film Cleopatra?
The title role of the 1963 film Cleopatra was played by Elizabeth Taylor.
Is the Title Insurance Company supposed to make sure that all the buildings on the property legal?
No, the role of Title Insurance is to verify the ownership of the property and any liens that may be on it. The quality or legality of the buildings is outside the scope of their responsibility.
What do you enter for designation?
For designation, you typically enter your title or position within an organization or company. This could be your job title, such as Manager, Director, or Vice President. It helps others quickly understand your role and responsibilities in a professional setting.
Position Sought means?
"Position Sought" is just a way of saying the job you're applying for or interested in. It's the specific role or title you want in a company.
