What
Is Title Insurance
Title
Insurance is an insurance policy that protects from loss should
the condition of your title be different in the future from
when the policy was written.
There
are two types of title insurance policies:
- Owner's
Policy: an Owner's Policy insures a new buyer that the seller
of the property they are purchasing had clear title to pass
- Loan
Policy: a Loan Policy insures a buyer's new lender that
their loan is in first lien position
When
conducting a title search TitleAmerica does an in depth examination
of the historical public records concerning a property. A
title search should show title defects, encumbrances, restrictions,
taxes, mortgages, and judgments to name a few.
Order
Title Insurance
