Texas – Title or Escrow companies and sometimes Lenders can handle closings as well. Utah – Title companies only. Vermont – Attorney only. Virginia – Title or Escrow companies and attorneys.
While lenders generally require a lender's policy as part of the real estate transaction, an owner's policy is usually optional. An owner's policy protects against any title loss, which insures the value of the property and lasts as long as you or your heirs retain an ownership interest in the property.
Like most states, Arizona doesn't require that sellers obtain legal representation—but, in many cases, it would be reckless not to lawyer up. Real estate attorneys can help you sell your home or commercial property with less headaches than if you simply hired a real estate agent or tried to do it yourself.
Mandatory Insurance Arizona requires that every motor vehicle operated on roads in the state be covered by liability insurance through a company that is authorized to do business in Arizona. This includes golf carts, motorcycles and mopeds.
While lenders generally require a lender's policy as part of the real estate transaction, an owner's policy is usually optional. An owner's policy protects against any title loss, which insures the value of the property and lasts as long as you or your heirs retain an ownership interest in the property.