Any number of title issues may arise, even after the most meticulous search of public records. These hidden defects are dangerous because you might not learn about them for months, or even years, after purchase. Some common examples of risks covered by your Owner’s Policy include defects in title caused by:
Improper execution of documents
Mistakes in recording or indexing legal documents
Forgeries and fraud
Undisclosed or missing heirs
Unpaid taxes and assessments
Unpaid judgments and liens
Mental incompetence of grantors on the deed
Impersonation of the true owners of the land by fraudulent persons
Refusal of a potential purchaser to accept title based on the condition of the title
Your purchase of a title insurance policy should ensure not only financial protection for your home or commercial property investments, but also peace of mind.
If this assurance is what you want for your real estate interests, contact us today and we’ll be glad to assist you.