What is Title Insurance?

Title insurance is a policy that protects your investment and property rights against damage or loss from a defect in title. Title companies provide services to buyers, sellers, real estate developers, builders, mortgage lenders and others who have an interest in the real estate transaction.

There are two different types of title insurance: owner’s policy and lender’s policy.

Owner’s Policy:

Insures an owner of any type of real property against loss by reason of those matters covered under the owner’s policy for as long as they own the property.

Lender’s Policy:

Insures the priority of the Lender’s security interest over claims that other may have in the property.