A title binder, or title insurance binder, is also called a title commitment.  It is a document created by a title insurer that binds the insurer to issue a title insurance policy if certain conditions are met.  It is a commitment to issue the policy.  A title insurance policy protects the owner of real estate from certain threats to their legal ownership. Before a title binder is issued, the title insurance company does a thorough title search of documents recorded at the courthouse and … Continue reading...