Homeowners Title Insurance

WILL YOU PURCHASE OWNER’S TITLE INSURANCE?

THIS  ONE-TIME CHARGE AND WILL PROBABLY NOT BE AVAILABLE FOR SUCH

A SMALL FEE AT ANY FUTURE DATE. IN ADDITION, THERE IS NO EXTRA CHARGE

FOR AN INFLATION RIDER WHICH IS ADDED TO EVERY POLICY AND WHICH WILL

INCREASE COVERAGE AS REQUIRED, UP TO 50% IN ADDITION TO PRESENT

COVERAGE.

Protect yourself against these hidden risks that would not be disclosed by even the most meticulous search of public records by the Bank attorney, but also will pay for the legal fees attendant to the defense of your title as insured.

SOME OF THE HIDDEN RISKS THAT MAY BE PROTECTED AGAINST ARE: 

Forgery

Undue influence (under pressure) on a grantor (Seller) or executor (of a will)

False impersonation by those purporting to owners of the properfy

Incorrect representation of marital status of a grantor (Seller)

Fraud (misrepresentation) in connection with the execution of documents

Undisclosed or missing heirs

Wills not properly probated

Mistaken interpretation of wills and trusts

Mental incompetence of grantors

Conveyance of a minor

Birth of heirs subsequent to the date of a will

Inadequate surveys

Non-delivery of deedsIn some cases, incorrect legal descriptions

Unsatisfied claims not shown on the record

In some cases, confusion due to similar or identical names

In some cases, dower or courtesy rights of ex-spouses of former owners

Incorrect indexing at Registries of Deeds

Deeds executed under false powers of attorneyClerical eRRors in recording legal documents

Delivery of deeds after the death of a grantor

FOR A SMALL UPFRONT FEE YOU CAN PROTECT YOURSELF.  BE SURE TO SPEAK WITH YOUR REAL ESTATE  ATTORNEY ABOUT TITLE INSURANCE.

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