Title Insurance Policies

Midland Real Estate Settlements' title insurance policies are underwritten by Old Republic National Title Ins Co., Stewart Title Guaranty Co, and First American Title Ins. Co.

Title Insurance rates are filed with, and approved by, the Pennsylvana Department of Insurance. Act of May 17, 1921, P.L. 682, as amended, 40 P.S. Sec. 910-37.

Midland Real Estate Settlements is a sole proprietorship and agent of Old Republic National Title Ins Co., Stewart Title Guaranty Co, and First American Title Ins. Co., authorized by said company to solicit risks and collect fees on its behalf. As such agent, Midland must conduct examinations of title to real estate and issue title insurance commitments and policies based upon such examinations. The title insurance agent is governed by the "All Inclusive System" as to what he/she can charge for examing the title and closing the transaction for the insurance policy.

Only one premium shall be charged when Owner and Lender policies are simultaneously issued. The premium shall be based upon the larger amount of coverage. Owner's Policy coverage must be in the amount of the purchase price and Lender's Policy coverage must be in the amount of the insured Mortgage(s).