Q & A with America’s Real Estate Professor: Title insurance and escrow documents

Q. I’m in escrow and just received a stack of paperwork from the title insurance company. One document says, “Sign that I accept the Preliminary Title Policy,” but I don’t really understand what that means or what I’m signing. Help! Armando S., Los Angeles, CA

A. You’re not alone. About 99.99 percent of residential real estate buyers foolishly sign off on this document without reading or having any idea what it means or what they are signing

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