An owner's title insurance policy protects the property owner against financial loss due to title defects, liens, or other issues that may arise with the title to the property.

Some common risks covered by an owner's policy include:

1. Forged documents: If someone forges a document related to your property's title, an owner's policy can help protect you against financial loss.
2. Undiscovered encumbrances: This includes issues like outstanding liens, easements, or other restrictions that could affect your ability to use or sell the property.
3. Errors in public records: If there are mistakes in the public records related to your property, an owner's policy can help cover the costs of resolving these issues.
4. Illegal deeds: If a previous owner of the property did not have the legal right to sell it, an owner's policy can protect you against financial loss.
5. Title defects: This can include issues like improperly recorded documents, undisclosed heirs claiming ownership, or other problems with the chain of title.

Overall, an owner's title insurance policy provides peace of mind by protecting you against financial loss related to these and other title-related issues.

Protect Your Investment

Lender's Title Insurance Policy ensures the lender in a purchase or refinance transaction that they have a valid lien on the property. A new policy is issued whenever a new mortgage is placed on the property.

Here are some more examples of hidden defects that title insurance can find before closing?

1. Forgery.
2. Fraud in connection with the execution of documents.
3. Undue influence on a grantor or executor.
4. False personation by those purporting to be owners of the property.
5. Incorrect representation of marital status of grantors.
6. Undisclosed or missing heirs.
7. Will not properly probated.
8. Mistaken interpretation of wills and trusts.
9. Mental incompetence of grantors.
10. Conveyance by a minor.
11. Birth of heirs subsequent to the date of the will.
12. Inadequate surveys.
13. Incorrect legal descriptions.
14. No-delivery of deeds.
15. Unsatisfied claims not shown on the record.
16. Deeds executed under expired or false power of attorneys.
17. Confusion due to similar or identical names.
18. Dower or curtesy rights of ex-spouse or former owners.
19. Incorrect indexing.
20. Clerical errors in recording legal documents.
21. Delivery of deeds after the death of a grantor.

Professional Title Insurance Services

We provide Title Insurance Services to:

• Home Sellers
• Home Buyers
• Real Estate Agents
• Mortgage Brokers
• Lenders
• Attorneys
• Builders
• Developers 

Call (727) 525-5676 today to speak with a local Title Insurance Professional at Crimmins Title, or click here to Order Title Service.