It also supports efforts to export Egyptian real estate by offering greater ownership stability for foreign investors. Farid said the launch and activation of the Real Estate Title Insurance policy represents a historic step, introducing innovative and unprecedented insurance coverage that protects participants in the property market from risks arising from defects in title proof discovered after the completion of purchase, as specified in the policy. Title insurance, Farid added, is primarily used in property transactions—such as home purchases—to protect both the buyer and the financing bank from financial losses resulting from problems or defects in ownership, in accordance with the terms set out in the Real Estate Title Insurance policy. “Our aim is for buyers in Egypt to feel protected against any future surprises or claims that may threaten their property ownership,” he said. He highlighted the distinction between title insurance and conventional home insurance, noting that while home insurance covers future events such as fire or theft, title insurance protects against problems that occurred in the past but were unknown at the time of purchase.

Source: Daily News Egypt December 28, 2025 06:21 UTC