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What is Title Insurance?

If you are buying or selling real property in the state of California, you will at some point encounter the concept of title insurance.  In fact, real estate brokers typically use standardized purchase and deposit forms, which include express provisions for the issuance of title insurance as a condition of purchase. So what exactly is title insurance, and who does it protect? Usually when you think of insurance, like home insurance or car insurance, you are thinking about a policy which will protect you from some harm which may happen in the future — a car accident or house fire, for example.  These policies are usually valid for a year, unless you pay a renewal fee. Title insurance is somewhat different.  For one thing, title insurance will

Posted in Ownership, Purchase and Sale, Real Estate Attorney, Real Estate Attorney Los Angeles, Recorded Title, Title Insurance

Title Insurance and What it Means to the Average Home Buyer

Today in California, title insurance is required in almost every real estate transaction.  The standardized forms used by real estate brokers include express provisions for the issuance of title insurance as a condition of the purchase. Title insurance, unlike other forms of insurance that protect against future events (i.e. automobile insurance, health insurance, and home insurance), protects against a loss arising from conditions effecting the title that exist as of the date of the issuance of the policy.  Title insurance is not issued for a set term, but instead generally continues for as long as the insured owns the property.  Title insurance does not insure the value of the property, only the condition of its legal title.   Title insurance is not a guarantee or representation

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Posted in Ownership, Purchase and Sale, Real Estate, Title Insurance

Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

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Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

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If you are currently involved in a real estate dispute, either commercial real estate or residential, and are looking for a Real Estate Attorney in Los Angeles with a cost-effective, results oriented approach designed to meet your case's specific needs, contact the attorneys at Schorr Law. Our real estate firm has the specific knowledge and experience necessary to get you the best possible results.

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