Why Title Insurance?

Lender Title Insurance protects the Lenders’ loan exposure and Owner’s Title Insurance protects the Owner’s equity by:

  • Providing a corporate indemnity against insured defects
  • Paying all legal expenses to eliminate any title defects

OR

  • Paying any claim arising from errors in title examination and recording

OR

  • Paying any loss from hidden defects in title and defects not of record.

The Owner has this protection forever, even on the warranties in the Deed of Sale.

Owners’ Title Insurance will protect you against these hidden risks which would not be disclosed by even the most meticulous search of public records:

  • Forgery
  • Fraud in the Documents
  • Undue Influence on the Grantor
  • False Impersonation by those Purporting to be Owners of the Property
  • Incorrect Representation of Marital Status of Grantors
  • Undisclosed or Missing Heirs
  • Will that are not Properly Probated
  • Mistaken Interpretation of Wills and Trusts
  • Mental Incompetence of Grantors
  • Conveyance by a Minor
  • Birth of Heirs Subsequent to the Date of the Will
  • Inadequate surveys
  • Incorrect Legal Descriptions
  • Non-delivery of Deeds
  • Unsatisfied Claims Not Shown on the Record
  • Deeds Executed Under Expired or False Powers of Attorney
  • Confusion Due to Similar or Identical Names
  • Dower or Courtesy Rights of Ex-Spouse of Former Owner
  • Incorrect Indexing
  • Clerical Errors in Recording Legal Documents
  • Delivery of Deeds After the Death of a Grantor