Asked by Mesaviewer, 27539 • Wed Dec 21, 2011
I have met with the sellers and their lawyer - they say that title insurance is an un- necessary expense as they have quieted the title to the land and are giving me a warranty deed. They also said that when I develop said land (drill a well etc) that I will have to get a new title insurance policy so this one would be redundant in the future....is this correct? any input? should I still go ahead and get title insurance?
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