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welcome to this final video on chapter eight about title assurance perhaps in an ideal world people would never sell what they didnt own completely without disclosing all encumbrances but you know that in a regular residential property purchase funded by a mortgage the bank or lender will require title insurance just in case the title being purchased is not as good as it should be it usually will be purchased by the buyer even in a cash sale our book states that a prudent buyer in any real estate transaction will insist on any two of the three common means to protect people from buying property the seller does not have a complete ownership and authority to sell but thats not quite right nonetheless all three methods title insurance title opinions and title covenants are very important well address title insurance a little bit at the end of this video but the book does a good job in covering it title opinions are written by lawyers or others working for them and describe what those p