With countless man hours logged and thousands of transactions successfully closed, Vantage Point Title stands out as a leader in the title industry. Knowledgeable and savvy, the VPT executives know their business. BUT, do they “know it all.” Let’s go back to the beginning!
Title Trivia!!
Did you know? The first legislation pertaining to recording ownership of real property was enacted in the English colony of Virginia in 1626.
Did you know? For years, most real property transfers were handled by conveyancers, experts on property law. These individuals were not attorneys.
Did you know? A group of conveyancers in Philadelphia met and, in March l876, formed the first title insurance company, The Real Estate Title Insurance and Trust Company
Did you know? Ben Franklin laid the groundwork for the model and concept of insurance as we know it today?
Did you know? Title insurance is available in other countries like Canada, United Kingdom, Northern Ireland, Mexico, New Zealand, China, Korea, Australia and throughout Europe?
Did you know? Until 1868 a title search had no guarantees as to its accuracy?
Did you know? The practice of insuring title began after a Pennsylvania Supreme Court ruling in 1868: Watson v. Muirhead.
Did you know? While local title companies increased in their number of locations, the title insurance business did not become national in character and operation until after World War II.
Did you know? The first state to adopt a standard form of policy (with two exceptions) was California around 1927. Other states followed suit, though uniformity remained elusive for several more decades.
Like any commercial enterprise, the title industry has had a modest start. While it could be said that title Insurance is in its infancy, a mere 140 years old, there’s been a lot of significant historical changes in its march towards maturity. And guaranteed, title will continue to evolve in an ever-more complex financial climate.
