Real Estate Glossary

What is title insurance?

Title insurance is a type of insurance that protects the owner of a piece of property from any financial loss due to problems with the title. This can include issues such as mistakes in the title, liens or encumbrances that were not disclosed, or disputes over ownership. Title insurance is usually required by lenders when a property is financed, and it can also be purchased by the property owner for added protection. It provides peace of mind to the property owner, knowing that they are protected from any potential issues that may arise with the title. Title insurance is a one-time premium and it protects the policyholder for as long as they own the property.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, SC, TN and TX.
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