What is title insurance?

Owner’s title insurance protects your right to your home.

By searching, clearing and insuring the title to your home before you buy it, your owner’s title policy offers protection for your property rights for as long as you and your heirs own your home.

If ownership of your property ever comes into question, an owner’s title insurance policy protects you from expensive legal problems that could result in the loss of your home.

How title insurance works:

As property changes hands, mistakes and irregularities- often made long before you expressed interest in the property- can place your ownership in dispute. The seller may have…
Avoided disclosure of using the property as collateral for an unpaid loan.
Fraudulently claimed to be the sole owner.
Failed to pay real estate taxes.

Even a simple mistake in the recording of legal documents, improper execution of legal instruments or the reappearance of undisclosed or missing heirs can result in the loss of your home.

Title Insurance: The ultimate property protection

If ownership of your property is ever challenged, title insurance will defend your possession of the property- and assume the legal costs of that defense- for as long as you and your heirs own the property. What’s more, of any challenge to your property’s title proves to be legitimate, title insurance will pay for your losses, just as your title insurance provides.

20 Important Reasons Why You Need Owner’s Title Insurance

  1. Forgery
  2. Fraud in the execution of documents
  3. Undue influence on a grantor of a deed
  4. False impersonation by someone purporting to be the owner of the property
  5. Errors in surveys
  6. Undisclosed or missing heirs
  7. Wills not properly probated
  8. Misinterpretation of wills and trusts
  9. Mental incompetence of a grantor of a deed
  10. Transfer of title by a minor
  11. Heirs born after the execution of a will
  12. Incorrect legal descriptions
  13. Non-delivery of deeds
  14. Unsatisfied claims not shown on the record
  15. Deeds executed under expired or false powers of attorney
  16. Confusion due to similar or identical names
  17. Dower or courtesy rights of spouses of former owners
  18. Incorrect indexing of the land records
  19. Clerical errors in recording legal documents
  20. Delivery of deeds after the death of the Grantor