Tax sale glossary
Insurable title
Title an insurer is willing to cover under a particular policy, with stated conditions and exceptions. Coverage can exclude a known claim, so read the actual policy and ask what protection remains after any tax-sale exception.
Go deeper: Marketable title and insurable title.
Sources
Statutes, court decisions and reference material used on this page. Laws and fees change, so confirm against the current source before you act.
- The New 2016 ALTA Commitment: Expressing Limitations on Liability · American Land Title Association · Published · Checked
- Title Insurance · California Department of Insurance · Checked
Related terms
- Title insurance
- Insurance against covered losses from defects in property title. The policy states its coverage, exclusions and exceptions. An owner’s policy protects the insured owner; a lender’s policy protects the lender’s interest.
- Marketable title
- Title without reasonable doubt that would interfere with a sale or expose the buyer to a probable competing claim. Marketability depends on the law and the transaction. It differs from insurable title, which concerns the coverage an insurer offers.
Tax Sale Atlas publishes educational information about public tax sale processes. This is not legal, financial, or investment advice. Rules, dates, and fees change; confirm with the county office before you bid.
See the term in a real sale
Open a state to watch these concepts play out in an actual sale calendar and rule set.