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Title Insurance: A policy, usually issued by a Title Insurance company, which insures a homebuyer and the lender against errors in the title search. The cost of the owner's policy is usually a percentage of the sales price and the lenders policy is a percentage of the loan amount.
Trustee: One who holds legal title to a property for the benefit of another, or for the purpose of securing performance of an obligation. What Is a "Cash Allowance Incentive". Cash allowance apa itu personal loan bca entice car buyers to car dealerships. Related Articles. 1 Difference Between Sales Allowance Cash Discount 2 Calculate Net Realizable Value 3 What Is an Expense Account or Allowance.