After the contract of sale has been fully signed by both the Seller and the Purchaser, the purchaser will contact a Title Insurance Company and will order Title Insurance and a Title Report.
Unlike a homeowner’s or auto insurance policy that is renewed every year, and the payment of premiums are ongoing, A Title insurance policy is a one-time purchase and a one-time premium, paid at the time of closing.
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Ellen W. Maurer, ESQ.
Graduate from SUNY @ New Paltz with a BA in Political Science in 1979, J.D. from St. John's University School of Law, May, 1983. Member New York State Bar, March, 1984. Also a member of the Nassau, Queens, and New York State Bar Associations. Licensed to Practice before the Federal Courts of the State of New York and the Supreme Court of the United States.emaurer@gmlawnow.com