Arizona Supreme Court Confirms a Title Policy Only Provides Coverage to Lender When Title Defect Causes Its Insured Loan Not to Be Paid Off - Riker Danzig

Arizona Supreme Court Confirms a Title Policy Only Provides Coverage to Lender When Title Defect Causes Its Insured Loan Not to Be Paid Off - Riker Danzig

What You Need to Know No Coverage Under Loan Policies When Loans Are Fully Repaid – The Centerpoint case reaffirms that lender title insurance policies provide no coverage if the insured loan is paid in full. Under standard ALTA loan policy provisions (Exclusion 3(c) and Conditions 8(a)(iii) and 10(b)), coverage is expressly limited to actual, […] The post Arizona Supreme Court Confirms a Title Policy Only Provides Coverage to Lender When Title …