FAQ’s

What is Title Insurance?
Title insurance is insurance against loss or damage resulting from defects or failure of title to a particular parcel of real property.

How does title insurance protect me?
Title Insurance Companies, following a claim, will defend your title at the expense of the Title Insurance Company and will bear the cost to settle the claim, if proven valid, thus protecting your ownership and possession of your property. This coverage accrues to your heirs as well.

What Services are provided by Patriot Land Transfer, Inc.?
Patriot Land Transfer handles residential and commercial real estate closings, preparation of settlement documents, issuance of title commitments and policies, notary services, and more.

Who selects the Title Insurance Provider?
Federal Regulations protect the right of prospective purchasers of real estate to select the Title Insurance provider of their choice. Don’t let anyone deny you of this right.

What is a “Full Service” Title Agent?
As a full service title insurance agent, licensed to provide title services in Pennsylvania and New Jersey, Patriot Land Transfer is involved in all aspects of the closing, including property searches, necessary mortgage/judgment payoffs and tax information, preparation of title documents, disbursement of settlement funds, recording of documents, and issuance of title policies to both owners and lenders.

What is an Affiliated/Controlled Business Arrangement ABA/CBA?
These are arrangements whereby different providers of services affiliate themselves, usually providing financial incentives for the parties to steer customers to their affiliates, for example: Real Estate Brokers/Title Companies, Mortgage Companies/Real Estate Brokers, Mortgage Companies/Title Companies, etc. We at Patriot Land Transfer, for personal and ethical reasons, choose to remain UNAFFILIATED. Our focus is on our customer.

How is the rate for Title Insurance determined in Pennsylvania?
Title Insurance Rates in Pennsylvania are regulated by the State Insurance Department. In many other States, Insurance services are provided a la carte, depending on the services provided. Pennsylvania uses what is known as an All Inclusive Rate, and provides, within a single rate, the costs to perform a title search, conduct a closing, and issue the Title Insurance Policies. Excluded from this rate are incidental fees such as transfer taxes, notary fees, recording fees, courier fees, endorsements, etc.

Why Patriot Land Transfer, Inc.?
Patriot Land Transfer is dedicated to providing the best service for our customers. We remain unaffiliated so we can focus solely on our customers needs. Choose the company that works for you!