Why title insurance is essential to the U.S. system of property rights by Kurt Pfotenhauer for HousingWire
HousingWireHousingWire The U.S. system for the transfer of real estate is unique in the world. We transfer ownership by private contract between parties; no advance government approval is required. By contrast, many European countries have a centralized, government-managed land registration system, which requires government review before property transfers are effective….
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