Reasons for Title Insurance

Title Insurance will protect you against a loss on your home or land due to a title defect. A deed or mortgage in the chain of title may be a forgery.

• Title Insurance will protect you against a loss on your home or land due to a title defect.
• A deed or mortgage in the chain of title may be a forgery.
• Claims constantly arise due to marital status and validity of divorces.
• A deed or mortgage may have been made by an incompetent or under aged person.
• A deed or mortgage made under an expired power of attorney may be void.
• A deed or mortgage may have been made by a person with the same name as the owner.
• A child born after the execution of a will may have interest in the property.
• Title transferred by an heir may be subject to a federal estate tax lien.
• An heir or other person presumed dead may appear and recover the property or an interest.
• A judgment regarding the title may be voidable because of some defect in the proceeding.
• By insuring the title, you can eliminate delays when passing your title on to someone else.
• Title Insurance reimburses you for the amount of your covered loss.
• Title Insurance helps speed negotiations when you’re ready to sell or obtain a loan.
• A deed or mortgage may be voidable if signed while the grantor was in bankruptcy.
• Claims have risen dramatically over the last 30 years.
• There may be a defect in the recording of a document upon which your title is dependent.
• Title Insurance covers attorney fees and court costs.
• Many lawyers protect their clients as well as themselves by procuring title insurance.
• A deed or mortgage may have been procured by fraud or duress.
• A title policy is paid in full by the first premium for as long as you own the property.

Enclosed information is deemed reliable but is not guaranteed.