April 14, 2016
Do I Really Need Title Insurance?
Here are just a few of the reasons for title insurance:
- Forgery
- Fraud in connection with the documents (even before you purchased the property)
- Undisclosed or missing heirs
- Wills not properly probated
- Mistaken interpretation of wills and trusts
- Birth of heirs subsequent to the date of a will
- Inadequate surveys
- Unsatisfied claims against your property not shown on the record
- Confusion due to similar or identical names
- Clerical errors in recording legal documents
- Real estate tax authority errors or omissions