What is Title

Title to real estate is evidence as to who is the lawful owner of that real estate.

What are Defects

Defects may be other persons claiming an ownership interest, improperly recorded documents, fraud, forgery, liens, encroachments, easements and other items that are specified in the title insurance policy. 

Title Insurance

If you are purchasing real estate you need title insurance! 

Title insurance protects real estate owners and lenders against property loss or damage that may be due to liens, encumbrances or defects in the title to the property, subject to the terms and conditions of the insurance policy.

Most insurances (e.g. auto, life, home) protect against the risk of future events. In contrast, title insurance protects against defects arising from past events affecting a real estate property and it’s ownership. Title insurance is paid for with a one-time premium at the close of the escrow.