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  • Oh Cp-24.1 2008

Get Oh Cp-24.1 2008-2025

Ed: ________________________________ Signed: _____________________________ Printed Name: _______________________ Dated: ______________________________ A lender’s closing instructions requiring Closing Protection Coverage is deemed to be its acknowledgement of receipt of the Notice of Availability of Closing Protection Coverage and its acceptance of the Offer of Closing Protection Coverage. CP-24.1 1/1/2008 Page 2 of 2 .

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Ohio Revised Code 3953.32 requires that, at the time an order is placed for a title insurance policy, the title insurance company or its agent must offer closing or settlement protection to the parties to the transaction.

A title insurance company may issue a closing protection letter free of charge, but this is not usually the case. How much they charge for a CPL is ultimately their decision, but the letter typically costs $25. Anyone in the transaction who opts to receive one will be responsible for an individual fee.

(A) No person shall knowingly use or operate the property of another without the consent of the owner or person authorized to give consent.

It is an indemnity contract protecting the addressee of the contract, against two potential losses arising from the Title Insurer's approved agent's failure to 1) properly handle the “funds” in a real estate closing and 2) properly comply with written closing instructions from the addressee to the title agent.

That law requires a title insurer to issue a Closing Protection Letter to all parties to the transaction: buyer, seller, lender and borrower.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232