First Title
First Title Insurance plc (First Title) www.firsttitleinsurance.eu, www.firsttitle.hu is part of the First American Corporation and provides a range of insurance, processing, conveyancing and property services and is committed to streamlining and protecting property and mortgage transactions. First Title is a subsidiary of the First American Title Insurance Company, with a string of ‘A’ ratings, including A- (Excellent) from AM Best. First Title plc has nine offices throughout Europe - five offices in the UK and elsewhere in Germany, Hungary and Turkey - with more than 450 employees. Based in Budapest, First Title CEE is the subsidiary company responsible for Central and Eastern Europe. First Title CEE has partners - agents, brokers and representatives, responsible for and working in Austria, Czech Republic, Slovak Republic, Poland, Romania, Latvia, Lithuania, Russia, and Croatia as well as in Hungary.
First Title provides title insurance for commercial property transactions to make the acquisition, sale and refinancing processes quicker, easier and more cost-effective. Title insurance can help businesses operate more profitably by improving their cash flow, saving time and money and preventing third party claims and financial penalties.
Services Provided:
First Title provides commercial title insurance to cover:
- Commercial and Residential Developments
- Known Risks
- Unknown Title Defects
- Portfolio Cover
- Developer Indemnity
Typical CEE/SEE Issues Insured
- Restitution
- Land Registry
- Gap Periods
- Perpetual Usufruct
- Defective Compliance with Conveyance Laws
First Title also provides retail Home Owners Protection Policies (HOPP) to:
- Owners of residential property in Hungary
- Expatriate owners and investors of residential property in the CEE countries of: Bulgaria, Czech Republic, Hungary, Poland, Romania, Slovakia. As well as in France, Germany. Southern Cyprus, Spain, Turkey
Regional offices:
- Hungary
- Germany
- Turkey
Contact details:
Gergely Koós-Hutás, Business Development Executive, First Title
Wendy Ogunsina, Regional Sales Support, First Title
E-mail: gergely.koos-hutas@firsttitle-cee.com, wendy.ogunsina@firsttitle-cee.com
Web: www.firsttitle.hu , www.firsttitleinsurance.eu
