A letter of protection for the lender from the title insurance agency against loss or damage should the agent misappropriate funds or fail to follow the closing instructions. This is a required document that must be obtained before proceeding with the closing of a real estate deal.
Related information about insured closing letter:
- 94-01: The Issuance of an Insured Closing Letter | Missouri ...
94-01: The Issuance of an Insured Closing Letter. To: All Title Insurance Companies and Agents. From: Jay Angoff, Director. Re: The Issuance of an Insured ...
- Definition of insured closing letter
insured closing letter -- a document issued by a title insurance company in connection with an about-to-be-issued title insurance policy. It protects a mortgagee ...
- Insured Closing Letter | ICL | Title Agent ICL on Stewart Title ...
The Insured Closing Letter (ICL) system is a secure, Internet-based application available to all Stewart Title agencies.
- Basic Manual of Title Insurance, Section V
May 21, 2012 ... (iii), Financial Institution has received an insured closing services letter ("Insured Closing Letter") from the underwriter for whom Title company ...
- Insured Closing Letter - PRODUCTION
If you need assistance with your User Name and/or password, please click here to send us an email or call Stewart Customer Care: 1-888-526-3282. WARNING: ...
- closing protection letters - American Bar Association
with the title insurer for such additional protection by entering into an "insured closing letter" or. "closing protection letter” (“CPL”). CPLs have been available ...
- Insured Closing Letters: What Attorneys Need to Know
Title insurance is a common form of protection for lenders and borrowers alike but the insured closing letter is also an important piece of protection. Do you know ...
- What is insured closing letter? definition and meaning
Definition of insured closing letter: A letter of protection for the lender from the title insurance agency against loss or damage should the agent misappropriate ...