Title Insurance and the Commercial Real Estate Marketplace
Tobias Kinsler, Esq. Of Counsel, Director of Commercial Affairs Dane County Title Company
For brokers, buyers, lenders, and owners conducting business in the commercial real estate market, title insurance is a routine component of any transaction meant to provide security against any title issues that may arise and unexpectedly interrupt the deal. It is the comfort of knowing that when the deal is closed, it’s closed for good.
However, these same parties often fail to realize that tenants of leased property can encounter a number of pitfalls inherent to leasing. Entering into a long-term lease with the plan to build out the property bears significant risk of exposure to title landmines that can send any potentially-great deal into the ground. Obtaining leasehold insurance from a respected, trusted title company with the resources to fully assess and clear risk can protect against these potential catastrophes:
On June 24th the Wisconsin Office of the Commissioner of Insurance (OCI) issued a bulletin warning title insurance companies against the use of “blanket exceptions” in policy forms for owners and non-lenders. These types of... Read more →
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dane County title ComPany 901 S. Whitney Way | MadiSon, WiSconSin 53711 | Phone (608) 271-2800 | (800) 626-9735
title Fax (608) 271-8836 | cloSing Fax (608) 271-8839 | Ucc Fax (608) 271-8862