Details:
I bought a property with an individual in 2010. At the time of purchase, we bought a title insurance policy.
In 2012, I refinanced the property at a lower interest rate. I have the mortgage in my name only. Both of our names are still on the deed.
In 2012, I signed the waiver at the closing indicating that I did not want to purchase title insurance (the agent indicated that it was not necessary since we previously purchased title insurance). We used the same title company.
Is this correct? Is the title insurance purchased in 2010 still valid?
Read more: Is a title insurance policy still good when you refinance a mortgage?
