There are few things in life more important than protecting your home.
The following matters are examples of why you need title insurance. Remember that the best title examination or search cannot protect your equity and home from matters not appearing in the public records. However, title insurance – subject to certain limitations set forth in your policy – can protect you from:
Documents executed under false, revoked or expired powers of attorney
False impersonation of the true land owner
Undisclosed heirs
Improperly recorded legal documents
Failure to include necessary parties to certain judicial proceedings
Defective acknowledgments due to improper or expired notarization
Corporate franchise taxes as liens on corporate real estate assets
Gaps in the chain of title
Mistakes and omissions resulting in improper abstracting
Improper modification of documents
Rights of divorced parties
Conveyances in violation of public policy
Misinterpretation of wills and ancillary instruments
Deeds by persons falsely representing their marital status
Claims by creditors of decedent against property improperly conveyed by heirs and devisees
Issues concerning unlawful takings by eminent domain or condemnation
Special tax assessments
Real estate homestead exceptions
Forfeitures of real property due to criminal acts
Forged deeds, mortgages, wills, releases of mortgages and other instruments
Deeds by minors
Deeds which appear absolute, but which are held to be equitable mortgages
Conveyances by an heir, devisee or survivor of a joint estate who attempts to attain title by ill-gotten means