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Home > Property Insurance Coverage > Title Insurance > Chippewa County Abstract & Title Co., Inc.
Chippewa County Abstract & Title Co., Inc.
Chippewa County Abstract & Title Co., Inc. has been locally owned and operated in Chippewa County since 1904. Their company has the only complete tract index for the county of Chippewa.
They offer title insurance, abstracting, letter reports, real estate closings, construction disbursements, UCC searches and judgment and lien searches. They pride their selves in having a professional, experienced staff and offering accurate products, in a friendly, prompt and efficient manner.
Title insurance is issued after a careful examination of copies of the public records. But even the most thorough search cannot absolutely assure that no title hazards are present, despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search.
Chippewa County Abstract & Title Co., Inc. insurance will pay for defending against any lawsuit attacking the title as insured, and will either clear up title problems or pay the insured's losses. For a one-time premium, an owner's title insurance policy remains in effect as long as the insured, or the insured's heirs, retain an interest in the property, or have any obligations under a warranty in any conveyance of it. Owner's title insurance, issued simultaneously with a loan policy, is the best title insurance value a property owner can get.
The decision to purchase a home is an important one. It involves a significant amount of thought, time and money. For most people it is among the most important financial decisions that they will make during their lives. Title insurance companies provide a critical service by supplying real estate buyers and lenders with crucial information about the property being bought or mortgaged.
Virtually every real estate contract requires that the seller provide the buyer with proof that the seller actually owns the real estate being sold. The form of this proof called evidence of title depends upon the custom and practice of the state in which the property is located. In Wisconsin, the most common form of title evidence is the title insurance commitment.
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