Title Commitment

The title commitment, as its name implies, is a commitment or promise to issue a policy of title

Loan Policy
The loan policy insures the lender’s interest in the property being insured. The policy insures that
the lien of the mortgage is enforceable and that the insured lender has a valid, priority lien on the
property subject to the terms, conditions, exclusions, and exceptions contained within the policy.

Owner’s Policy
The owner's policy insures the owner’s interest in the property being insured.

1. Title to the property;
2. Legal access to the property;
3. Marketable title to the property; and
4. Property is free of all defects, liens or encumbrances other than those matters set out on










©2008 Akron Title & Abstract Agency, Ltd.