What Does Title Insurance Protect Me From?

By including title insurance when purchasing property, your title insurer takes on accountability for legal expenses to defend your property title, should it ever be challenged. Many different occurrences can come into play to warrant the need for title insurance. The title company responsible will then take on the legal expenses to defend the property for as long as you are in possession of an interest in the property under the title. If the defense is not successful, you will be reimbursed for any loss of value of the property. Common Things Title Insurance Covers: 1. UNDISCLOSED HEIRS, FORGED DEEDS, MORTGAGE, WILLS, RELEASES AND OTHER DOCUMENTS 2. FALSE IMPRISONMENT OF THE TRUE LAND OWNER 3. DEEDS BY MINORS 4. DOCUMENTS EXECUTED BY A REVOKED OR EXPIRED POWER OF ATTORNEY 5. PROBATE MATTERS 6. FRAUD 7. DEEDS AND WILLS BY PERSON OF UNSOUND MIND 8. CONVEYANCES BY UNDISCLOSED DIVORCED SPOUSES 9. RIGHTS OF DIVORCED PARTIES 10. ADVERSE POSSESSION 11. DEFECTIVE ACKNOWLEDGEMENTS DUE TO IMPROPER OR EXPIRED NOTARIZATION 12. FORFEITURES OF REAL PROPERTY DUE TO CRIMINAL ACTS 13. MISTAKES AND OMISSIONS RESULTING IN IMPROPER ABSTRACTING 14. ERRORS IN TAX RECORDS