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Inlet Title Company, Inc.

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Why You Need Owner's Title Insurance

Owner's title insurance is the ultimate property protection, providing peace of mind for what is often the largest financial transaction a buyer will ever make. If the property's ownership is ever challenged, the owner's title insurance policy will cover the legal expenses required to defend possession of the property for as long as it is owned by the buyer and subsequent heirs. Moreover, if a challenge to the property's title proves valid, the owner's title insurance policy will also cover any losses that occur.

Some of the hidden title risks that wold not be disclosed by even the most thorough title search include:

  1. Forgery
  2. Fraud in the execution of documents
  3. Undue influence on a grantor of a deed
  4. False impersonation by someone purporting to be the owner of the property
  5. Errors in surveys
  6. Undisclosed or missing heirs
  7. Wills not properly probated
  8. Misinterpretation of wills and trusts
  9. Mental incompetence of a grantor of a deed
  10. Transfer of title by a minor
  11. Heirs born after the execution of a will
  12. incorrect legal descriptions
  13. Non-delivery of deeds
  14. Unsatisfied claims not shown on the record
  15. Deeds executed under expired or false powers of attorney
  16. Confusion due to similar or identical names
  17. Dower or courtesy right of spouses of former owners
  18. Incorrect indexing of the land records
  19. Clerical errors in recording legal documents
  20. Delivery of deeds after the death of the grantor