To see how our industry is continuing to protect and serve our clients and communities through the COVID-19 pandemic and beyond, watch this video

Title Industry Responds to COVID-19: Our Title Is Protection

Title insurance professionals take pride in protecting their customers by ensuring that their home is theirs when they make one of the biggest financial decisions of their lives. In the midst of the COVID-19 pandemic, the title insurance industry has stepped up even more to help their communities. Whether it’s volunteerism, or innovation to get deals closed during this time of social distancing, the title industry is here to provide protection today, tomorrow, and forever.

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Glossary

A Word About Title Language

The title industry has its own language. Many of its words and idioms are derived from the language of the law while others are common words given special meaning related to land titles. There are also words and phrases coined over the years by the title industry itself.

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CONDOMINIUM

A group or complex of residential units in the nature of apartments wherein each unit is separately and individually owned, the unit owners owning together the commonly used appurtenances such as gardens, sidewalks, supporting and dividing elements, elevators, and hallways. It is also possible for condominiums to encompass business buildings, office buildings, and manufacturing plants.

CONDOMINIUM UNIT

A residential unit in a condominium complex.

CONSTRUCTIVE EVICTION

The inability of a purchaser or lessee to obtain possession because of an outstanding right or superior title.

CONTRACT

Same as “agreement”, but usually more formal.

CONVEYANCE

The transfer of title to property from one person to another.

CORPOREAL

Of material, tangible nature.

COVENANT

A formal agreement or contract between two parties in which one party gives the other certain promises and assurances, such as covenants of warranty in a warranty deed.

CURTESY

A right which a husband has in his wife’s property at her death. It does not prevail in all states.