INTERNATIONAL BUSINESS

The remarkable First American title coverage you enjoy here is now available overseas.

The initial years of the Twenty-First Century have been marked by the rapid globalization of commerce and industry.

First American customers, among them some of the world's largest multinational companies, have asked us to support their increasing global reach. As nationals of one country do business in another, their title insurance must follow them into new areas of growth and opportunity. So, we created policies to benefit property owners and lenders involved in the international business community, where title insurance protection has not been readily available before.

Our International Title Insurance Policies are designed to provide title coverage for citizens of one country purchasing or lending on real estate in another country. The policies afford these property owners and lenders essentially the same superb protection as a standard policy in the United States.

It is clear.

First American's International Title Insurance offers standardized, comprehensive owner's and lender's policies that can be used in many nations. These single-format policies offer consistency in the coverages provided - the printed form policy you receive in one country is exactly the same as the one you receive in the next. They are uniform policies for use in most countries, using the same language for each country where you do business. With this one policy, no matter how widely dispersed your interests are, you will never need to determine where coverage differences occur from country to country: there simply are none!

First American's new International Title Policies allow a company or investor to buy a policy insuring foreign real estate and to know that the coverages will be interpreted under the local laws identified in the policies: Canada, the United States or the United Kingdom. The policies can be used in the approved country, and their language is straightforward and clear.

It is simple.

The process is simple, because you can obtain a First American International Policy at home, rather than in the country where the property is located.

Nonresident corporations expanding into Europe, for example, will appreciate the ease with which they can get First American's owner's title protection in nations such as Italy, Germany, France, Spain or elsewhere on the Continent. Property owners adding facilities in Asia will welcome First American's coverage in places like South Korea, Singapore, Japan or Hong Kong. First American also offers protection for real estate investors in the Caribbean and Mexico, and in many other countries.

Uniform and consistent coverage like this has never before been available internationally...not until the title insurance industry's leader, First American, took this bold step!

It is unequaled.

With First American's new international policies, you are protected by an insurance policy, a true indemnity contract. If any defect covered by our policy - in any part of the chain of title or in off-record matters - is found, we are responsible for any loss or damage this defect causes.

Your policy also obliges us to provide a defense for covered matters in a court of law. That means that First American will stand by you in response to challenges to your title in the venue in which you are insured. You simply tender your claim to the First American office where your policy was issued, or as otherwise instructed in the policy, and we will take over, defending your property rights as insured in the country where the property is located, all at our expense.

It is complete.

The International Owner's Policy has fourteen clauses dealing with significant threats to title of concern to the international investor, including...

• Ownership issues, such as title being vested other than as insured, or having defects, liens, mortgages, contracts, options and other encumbrances on the title.
• Fraud and forgery matters, including those resulting from undue influence, duress, incapacity or impersonation affecting the title.
• Physical site questions, including rights of access to and from the land, covenants limiting its use, easements and rights of way.
• Transfer issues, such as unauthorized conveyances by a corporation, partnership, trust, limited liability company or other legal entity, or one derived through a defective judicial proceeding.

• Documentation problems, such as the invalidity of a document executed under an invalid power of attorney, or one improperly executed or recorded, or one with an erroneous or inadequate legal description of the land.

  In addition to the coverages in the International Owner's Policy, the International Loan Policy offers lenders protection regarding...

• Insured mortgage issues, including the invalidity or unenforceability of a lien, charge or privilege of the insured mortgage - or of any assignment of that mortgage - due to, among other things, the invalid or unauthorized execution of the mortgage. It also insures priority of the insured mortgage over any lien, charge, privilege or encumbrance affecting title to the property covered by the insured mortgage.

It is far-reaching.

First American's new International Title Insurance Policies provide extensive coverages in far-flung places around the globe. In the expanding international markets wherever you find yourself conducting property transactions, you will find First American at the closing table willing to insure.

It is from First American.

The International Title Insurance Polices were created by the professionals at First American, the title insurance industry leader.

First American has been facilitating complex commercial and industrial real estate transactions outside the United States for many years, so our professionals are well experienced in property ownership and conveyance practices in many nations. Our people understand local customs, and have established extensive relationships in major markets where our customers do business. We have the experience to simplify the complex and confusing real estate transaction processes that differ from country to country - and that sometimes result in costly misunderstandings. Our global presence has helped our customers expand in many regions abroad.

It is available now.

The First American International Title Insurance Policies are fast becoming the new title policies of choice for property owners and lenders involved in international transactions.

Make First American your partner in world wide growth. For complete details on the International Title Insurance Policies, call First American's International Center in Toronto, Canada, Canada toll free at (877) 768-3111, or your local First American representative.

In some countries, the International Title Insurance Policy will be issued by a subsidiary of First American Title Insurance Company, a California Corporation.

Some Coverages may not be available in your area or transaction, due to legal, regulatory or underwriting considerations. Please contact your First American representative for further information.