Is there a Role for Title Insurance in Markets with Land Registration?
||Is there a Role for Title Insurance in Markets with Land Registration?
||8th European Real Estate Society Conference (26-29 June 2001) Alicante, Spain
||This work first describes the structure of the main institutional arrangements devised for reducing transaction costs related to the risk of eviction when selling land or using it as collateral—private contracting, recording of documents and registration of rights. It then analyses the rationale for the use of title insurance in the USA, and the circumstance under which there might arise a demand for this kind of insurance in markets with land registration, as are those in Europe.
||Transaction costs, land titles, title insurance
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||Institutional aspects on Property market
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