importance of Qualifying a Title as part of the loan closing process

1. What is the importance of Qualifying a Title as part of the loan closing process?
2. What is Title Insurance and its role in real estate finance?
3. What is the Torrens System?
4. Find an internet example of a real-world title problem that impacted real estate finance (within the Un​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​ited States). Discuss

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