Is title insurance offered on land and property held in a fideicomiso?
Yes. In fact, the developer owns a $61 million dollar policy on the 17-acre tract of land in which Esperanza exists. Additionally, title insurance for each Membership is part of the purchase and is paid for by the developer. Stewart Title Guarantee Company in Houston, Texas issues the title policy and it provides the same extensive title coverage one would expect on any property in the United States.
