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Defective Title Insurance
A Defective Title insurance policy can offer protection for costs involved in rectifying both Known and Unknown Title defects. It can be arranged either for a Single Asset, or for a Portfolio of Assets.
This cover is a single premium (one off/ non-renewable) insurance policy that guarantees:
- Good and marketable title
- Benefit of policy can pass on to a new owner
- The Policy stays with the Asset indefinitely
- Security is valid & enforceable
- Defective title risks are covered
- Legal Costs in defending litigation
- Diminution of Market Value of asset
- Helps complete transactions
On receipt of the Risk particulars, Insurers assess the Probability of a claim –& if a claim does materialise, what the likely cost to defend it would be.
For more information on Defective Title insurance, please contact our office on 091-563518 or email info@burkeins.ie