What is Title Insurance?

Title insurance guarantees that no errors have been made in the title search and that there are no errors in the public records. Title insurance also protects against undisclosed title defects, that, no matter how thorough a search is made, cannot be discovered from the public records.

Examples are:

• Forged signatures.
• False impersonation.
• Instruments executed under expired or revoked powers of attorney.
• Delivery of a conveyance after the death of the grantor.
• Homestead rights of a spouse.
• Undisclosed heirs.
• Deeds by minors or persons of unsound mind.
• Deeds by a corporation without proper legal authority.
• Misrepresentation of marital status.
• Errors of recording officials.
• Fraud or duress in obtaining signatures.

Title insurance allows national lenders to make mortgages. An out of town lender may not be familiar with local title practices and title insurance gives the lender the security it requires.

For the seller title insurance assures quick and easy closings. He must prove to any buyer that he has a good title to his house with no liens. By furnishing a title search and insurance to the buyers in the amount of the sales price, he proves this title and our company guarantees it. Our work allows many prospective parties to buy his home with confidence. When you have an insured title you eliminate delays and technicalities when passing your title on to someone else. In the event of an attack on the title the rights of the insured are protected even if it means going to court; and if the claim is established, the LOSS IS PAID up to the limits defined in the policy.

Contact Layne Dodd at 1-800-769-2912 to find out more.