A type of insurance unique to real property that protects the lender and the buyer(s) from any defects in title that are not revealed by a title search or title examination. In simplest terms, it protects your title to your home from acts of previous owners that occurred prior to your purchase of the home. The terms of the policy define what risks are covered and what risks are excluded from coverage. The title insurer will reimburse you for losses that are covered, up to the face amount of the policy, and any related legal expenses. This protection is effective as of the issue date of the policy and covers defects arising prior to your ownership. Title companies issue policies on all types of real and personal property. Two types of title insurance policies for real property are common: a lender’s policy and an owner’s policy.

The role of a title company is to verify that the title to the real estate is legitimately given to the home buyer Essentially, they make sure that a seller has the rights to sell the property to a buyer and that the property is free of liens and judgments at the time of the closing.

A title search can be used for many purposes, as it includes the names of the property owner(s), restrictions on the land, mortgage details, lease details, and other relevant information associated with the property.

The title company that you choose can greatly influence the closing process. It can determine whether a property sale/purchase will be successful or not. 2. Areas we cover please add the Florida map to keep it consistent and uniform.

Title service fees are part of the closing costs you pay when purchasing or selling a home that is closing through a title company. What does Title Insurance policy protect me from?
Title insurance can provide protection from anyone making a claim against the title on the property.