业权保险

名词

partial

title insurance

noun

Comparative law notes

China

业权保险 (title insurance) is very rare in mainland China. Title insurance does exist in Hong Kong.

Definitions of title insurance

English

a contract to indemnify an owner of a piece of land against any loss that may arise from a defect in the title to that land

The buyer's fears about a potential property ownership dispute were calmed by the seller's success in obtaining title insurance.