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Title Insurance Article - Property Development - Legal indemnity insurances in property development

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Commercial Owners Policy

The policy protects the buyer against known and unknown ownership risks that might cause financial loss and stress in the future.

Risks which would cause challenges on the ownership are determined by comprehensive and diligent legal examination  of the records held of the land which the development is to be built on. Even the most careful and comprehensive studies might not be adequate to determine the threats that may arise in the future.   An Internsational Owners Contract is a policy against known and unknown risks and that provides assurance for owners of commercial property.