Is title insurance required in South Carolina?

What is the purpose of title insurance?

Title insurance protects homebuyers and lenders from financial loss caused by title defects, liens, or legal claims that may arise after closing on a property. It’s a one-time purchase made during closing that covers you for as long as you own the home.In other words: title insurance is your legal shield. It ensures no one can come back later and say, “Hey — that property is actually mine,” or...

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