GT Title primarily provides real estate title insurance and escrow/closing services. GT Title’s 3 on staff real estate attorneys are also licensed title officers and escrow officers and their primary focus is the provision of professional quality title and escrow services to the company’s clients and customers. GT Title focuses on providing title and escrow services with the involvement and support of its real estate attorneys because it understands that all real estate transactions involve numerous legal issues and concepts. In fact, in many states it is the unauthorized practice of law for non-attorneys to perform most title and escrow/closing services. In essence, title work is legal work. This is evidenced by the fact that title insurance transactions handled by attorneys contribute to claim rates lower than national title industry average. Title and escrow services involve the examination of legal documents affecting title to real estate and the preparation and recording of legal documents in connection with real estate transactions. The evaluation of the status of real estate title involves many constantly changing laws. Many legal rights are affected by real estate transfers. Regardless of the complexity or simplicity of a particular real estate transaction, it is highly beneficial for anyone involved in such transaction to have the involvement and support of title and escrow professionals who are also trained and experienced in the law. Those who receive title insurance policies issued by GT Title, benefit from this professionalism. By providing title insurance and escrow services to its clients through licensed real estate attorneys, GT Title is able to increase, at no extra cost, the quality of such services clients would otherwise receive in connection with their real estate transactions. In addition, the involvement of an attorney, through a licensed title insurer, helps makes other related legal services more readily available and affordable.
View Top Employees from GT Title Services IncWebsite | http://www.gttitle.net |
Revenue | $10 million |
Funding | $350000 |
Employees | View employees |
Address | 5295 S Commerce Dr, Ste 150, Salt Lake City, Utah 84107, US |
Phone | (801) 327-0222 |
Industry | Real Estate |
SIC | SIC Code 654 Companies, SIC Code 65 Companies |
NAICS | NAICS Code 541 Companies, NAICS Code 541191 Companies, NAICS Code 54 Companies, NAICS Code 5411 Companies, NAICS Code 54119 Companies |
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The GT Title Services Inc annual revenue was $10 million in 2023.
GT Title Services Inc is based in Salt Lake City, Utah.
The NAICS codes for GT Title Services Inc are [541, 541191, 54, 5411, 54119].
The SIC codes for GT Title Services Inc are [654, 65].