Reasons for Title Insurance

Title Insurance will protect you against a loss on your property 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 property 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 underaged 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.

The enclosed information is deemed reliable but is not guaranteed.