UNDERSTANDING TITLE

HOW DOES TITLE INSURANCE WORK

A typical title examination includes the search of numerous public documents, including tax records, court judgments, prior deeds and encumbrances, and federal and state records. The title agent is looking for items like prior mortgages, judgments, liens, street and sewer assessments, special taxes and levies, and numerous other matters that could affect the status and marketability of the title. The customer will receive a title commitment when title insurance is ordered which is the results of the title search, so that any issues shown can be corrected prior to the purchase.

Your title insurance is assurance to you that the land ownership rights that come with your real estate investment remain yours for as long as you have an interest in your property. If you encounter a defect with your title, your title insurance policy is there to protect your interest.