Title insurance companies provide
       Title Insurance.  
Title insurance is an insurance policy that guarantees the property title is free from the problems of hidden liens and claims. The title insurance company searches public records for the property to make sure there are no problems in the title's ownership and history. The fee for title insurance is usually included in the itemization of closing costs from the lender and is a one-time fee.

The Two Policies Issued are:

•  Mechanic's liens and unrecorded liens
• Unrecorded easements and access rights
•  Defects and other unrecorded documents

 An Owner's policy -  purchased by the Seller

The owner's policy protects the buyer's interest in the property from any claims with regard to title up the amount of the purchase price of the property.  Like the lender's policy, it protects against errors made in connection with the title search conducted for the specific transaction and any prior defects in title.  The owner's policy is purchased by the seller.  Unlike the lender's policy, however, the policy remains in effect indefinitely (even if the property is refinanced or sold).   

Basic Owner's Title Policy Coverage:

• Clear title to the property
• Incorrect signatures on documents
• Forgery, fraud
• Defective recordation
• Restrictive covenants
• Encumbrances or judgments

• Building permit violations from previous owners
• Subdivision maps
• Covenant violations from previous owners
• Living trusts
• Structure damage from mineral extractions
• Variety of encroachments and forgeries after title insurance is issued

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