Title insurance

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Since September 2009, Balkimo represents Fidelity Title for Albania, Croatia, Kosovo, Macedonia and Montenegro, so far the only company underwriting Title policy in this part of the world under certain condition.

This service makes real estate transaction safer and is attractive for investors as it provides for the first time coverage against financial loss and litigation cost arising from property title defects and other irregularities relating to property acquisition. Furthermore in many instances, a title policy can replace sellers’ reps & warranties relating to title.

Title policy can significantly reduce your investment risk in Albania.

For a one-time premium, Fidelity Title:

• Provides coverage against financial loss and litigation costs arising from title defects and other irregularities —both known and unknown.

•  Frees investors and their lenders from having to understand and self-insure risks inherent in complex legal opinions in various languages, formats, contexts, and degrees of reliability.

•  Insures compliance with zoning, codes, and permits.

•  Replaces legal Reps & Warranties, especially valuable for distressed properties or sellers.

• Expedites and covers legal aspects of loan syndication or securitization by insuring the validity, rank, and enforceability of underlying mortgages.

Fidelity Title Europe, part of the largest global title insurance group, provides title insurance and indemnity across Europe. With an investment portfolio of $4.7 billion, and reserves for claims of $2.7 billion, Fidelity Title is the world’s largest title insurance company, and is in the strongest position to guarantee clean ownership title.

Please contact:

Marin le Corre

+355 69 209 91 19      

This email address is being protected from spambots. You need JavaScript enabled to view it. - www.fnf-title.com

 

 

 

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