TITLE INSURANCE
The Importance of Title Insurance
Title insurance protects you, the property owner, and the lending institution that handles your mortgage from unforeseen claims that may arise against your property. The title insurance provides protection from financial loss and payment of legal costs associated with title claims.
Title Insurance protects you from:
01
From Additional Hazards Which May Be Revealed In The Land Records Incorrect marital status of owner
05
Easements
Deeds, wills, and trusts that contain improper vesting and incorrect names Transfer of property by a mentally incompetent person or minor
02
06
Previously undisclosed heirs with claims against the property Instruments executed under expired or fabricated Power of Attorney Mistakes in the public records
Property line disagreement (i.e. a neighbor builds a fence on your property) Confusion due to similar or identical names
03
Outstanding mortgages, judgments, and tax liens
04
Incorrect notary acknowledgments
07
A forged deed that transfers no title to real property
08
