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Closing Protection Letters

Protecting Your Transaction.

Closing protection letters (“CPL”) protect lenders and owners against loss of lien priority or vesting of title due to an Iowa Title Guaranty closer’s mishandling of settlement funds or failure to follow closing instructions.

Only approved participating attorneys, abstractors and independent closers are authorized to issue closing protection letters.

FAQ

  • How to I obtain a closing protection letter? Contact your settlement agent and request that a closing protection letter be added to your Iowa Title Guaranty commitment.
  • How much is a closing protection letter? The coverage provided under a closing protection letter is available with a lender or owner commitment at no additional cost.
  • Can I obtain a closing protection letter after the transaction has closed? No, closing protection letters are only available prior to closing.

For questions about closing protection letter coverage, please contact:

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