General information about title insurance....
- Title insurance protects homeowners and lenders against title defects
- Protects you against claims of ownership
- Based on sliding scale according to the sales value of the property
- Title search includes search of the history of the property, owners of record (Including liens or lawsuits against the owners), any liens on property and documents filed on the property
- Owner’s policy protects the buyers; mortgagee's policy protects the lender.