What is the importance of Qualifying a Title as part of the loan closing process?

Please review all readings located in the Lessons area for the week. Then please answer the following questions:

1. What is the importance of Qualifying a Title as part of the loan closing process?

2. What is Title Insurance and its role in real estate finance?

3. What is the Torrens System?

4. Find an internet example of a real-world title problem that impacted real estate finance. Discuss

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