Ticor Title

After providing Nevada market updates from Ticor Title, it seemed appropriate to also provide some background information on Ticor Title itself and the services it provides. As stated by the official website, "Ticor Title is a subsidiary of Fidelity National Title Group who is one of the nation's leading real estate service companies, providing title insurance and escrow services in 49 states, the District of Columbia, Puerto Rico, the Bahamas and the Virgin Islands."

Title Insurance - To elaborate further, title insurance protects against the loss resulting from defects of title to a specifically described parcel of real property. Simply, it is meant to protect an owner's or a lender's financial interest in real property against loss due to title defects, liens, or other matters.

Escrow -  On the other hand, escrow is the delivery of a deed by a grantor to a third party for delivery to the grantee upon the happening of a contingent event. It may consist of a bond, deed, or other document kept in the custody of a third party, taking effect only when a specified condition has been fulfilled.

Source: TICORTITLE.com