Case Study

 

FNF’s title insurance and indemnity products can protect against general risks associated with a particular jurisdiction, as well as specific title risks (“Defined Risk Title Indemnity”).

General Title Risk

A private equity fund contracted to sell property located in the heart of a major Asian city. Because of the complex chain of ownership, and desire to avoid residual financial and legal burdens from representations and warranties, title insurance provided a cost-effective solution to the Seller to replace title-related reps and warranties.

A major investor was acquiring a $100 million dollar office building from the seller tenant.  During the negotiations it was discovered that the seller did not own 100 percent of the office building.  The buyer had to engage in negotiations with the additional owner before acquiring the real estate.

Defined Risk Title Insurance Transaction

A major, publicly-listed international lender was recently confronted with possibility of financial loss as a result of a previous transaction in the chain of title being declared void by the authorities. We insured the lender against potential loss, which satisfied credit committee/board requirements and thus allowed this transaction to close.