WHAT IS TITLE INSURANCE:
A home is probably the largest purchase you will make in your lifetime.
WHAT IS A TITLE?
The title to a piece of property is the evidence that the owner is in lawful possession of that property.
WHAT IS TITLE INSURANCE?
Title insurance protects real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances or defects in the title to the property. Each title insurance policy is subject to specific terms, condition and exclusions.
AN OWNER’S TITLE POLICY CAN PROTECT YOU AGAINST POTENTIAL DEFECTS SUCH AS:
Abstractor errors, title examiners errors, forged documents, fraud, undisclosed or missing heirs, misrepresentation of marital status, invalid divorces, wills not probated, signature s of minors or mentally incompetent persons, confusion from similarity of names, mistakes in recording legal documents, clerical error in public records, deeds executed under expired or false powers of attorney, non-deliver of deeds, other matter not of records.