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Joshua H. Morris, a conveyancer in Philadelphia, and several colleagues met on 28 March 1876 to incorporate the first title insurance company to address the issue.The new firm, they stated, would "insure the purchasers of real estate and mortgages against losses from defective titles, liens and encumbrances," and that "through these facilities, transfer of real estate and real estate ...
The Ohio Country, showing present-day U.S. state boundaries. The Ohio Company, formally known as the Ohio Company of Virginia, was a land speculation company organized for the settlement by Virginians of the Ohio Country (approximately the present U.S. state of Ohio) and to trade with the Native Americans.
The Snake River Land Company or the Snake River Cattle and Stock Company was a land purchasing company established in 1927 by philanthropist John D. Rockefeller Jr. The company acted as a front so Rockefeller could buy land in the Jackson Hole valley in Wyoming without people knowing of his involvement or his intentions for the property, and have the land held until the National Park Service ...
LandAmerica Financial Group, Inc. was the third largest title insurance group in the US. It was incorporated in 1991 as Lawyers Title Corporation, and renamed LandAmerica after Lawyers Title acquired Commonwealth Land Title Insurance Company and Transnation Title Insurance Company in 1998. It was headquartered in Glen Allen, Virginia.
Loyal Company of Virginia or Loyal Land Company was a land speculation company formed in Virginia in 1749 for the purpose of recruiting settlers to western Virginia. The company continued operations until May 15 1776, when Virginia declared independence from Great Britain though litigation on behalf of and against the company continued until 1872.
First American Title had its initial public offering on the over-the-counter market in 1964 and, four years later, was restructured with the formation of The First American Financial Corporation as a holding company. First American Title became a subsidiary company and a trust business was conducted through First American Trust Company.
The Newhall Land and Farming Company is a land management company based in Valencia which is part of Santa Clarita, United States. The company is responsible for the master community planning of Valencia and previously developed other areas such as Canyon Country and Newhall which together with Saugus and Valencia merged creating the city of ...
In a typical transaction for the sale of real estate encumbered by a private transfer fee assessment, a contract for purchase of the real property is receipted at the title company. The title company then provides the prospective purchaser with a title commitment showing all encumbrances of record, including the transfer fee assessment.