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You pick your title insurance company. Your attorney usually steers the decision but ultimately, youre paying so you get to pick. Since the title agency is responsible for researching the title, they need to know what theyre doing.
Does New York have car titles?
A certificate of title for a vehicle (MV-999) (also known as title or pink slip) is a legal document that establishes a person or business as the legal owner of a vehicle. The title certificate is used to transfer ownership from one person to another.
What does a title company do in NY?
As a homebuyer, a title company helps ensure a smooth real estate transaction. The company will conduct research to verify that the seller has the legal right to transfer the property to you. It also uncovers any title defects, including unpaid taxes or court judgments, that could affect your ownership.
Who regulates title companies in New York?
DFS is responsible for regulating all insurance in New York State, including title insurance.
Does New York have title companies?
By working with an experienced NYC title company, you will be able to rest easy knowing you and your home are protected once the closing process is complete. Two Rivers Title Company offers title and escrow services in all New York City boroughs: Manhattan. Staten Island.
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