Title Insurance

Real Estate

Title Insurance

1. Forgery, fraud, incapacity or impersonation
2. Failure of an entity to have authorized a conveyance
3. Defective document affecting title; (not properly created, executed, witnessed, sealed, acknowledged)
4. Failure of deed to be properly filed and indexed in land records
5. Failure of deed due to defective or fraudulent power of attorney
6. Defective judicial or administrative proceeding

Unexpected claims against your title, are why Owner Policies exist. If you have an Owner Policy you’d be covered against the legal and financial consequences resulting from a claim that jeopardized your ownership of the property.

Mortgage lenders require you to purchase a Mortgagee Title Insurance Policy in their name. A lender does this to protect its financial interest in your property and to insure the validity of its mortgage as a lien on your property. But the policy you buy for your lender does not cover you. That’s why it’s important to have an Owner Title Insurance Policy.

Unlike other insurance, the Owner Policy is paid for with a one-time premium due at closing. The coverage continues in force as long as you have an interest in the property. Talk to your attorney and they can fully explain the coverage provided under the Owner Policy. With cash purchases, East Bay Title & Escrow requires the purchase of an Owner Policy at closing.