21 Important Reasons Why You Should Have Owner’s Title Insurance
Owner’s Title Insurance not only will protect you against the hidden risks that would not be disclosed by even the most meticulous search of Public Records, but also will pay for the defense of your title as insured.
- Forgery
- Fraud in connection with the execution of documents
- Undue influence on a grantor or executor
- False identification by those purporting to be owners of the property
- Incorrect representation of marital status of grantors
- Undisclosed or missing heirs
- Wills not properly probated
- Mistaken interpretation of wills and trusts
- Mental competence of grantors
- Conveyance by a minor
- Birth of heirs subsequent to the date of a will
- Inadequate surveys
- Incorrect legal descriptions
- Non-delivery of deeds
- Unsatisfied claims not shown on record
- Deeds executed under expired or false powers of attorney
- Confusion due to similar or identical names
- Dower of rights of ex-spouses of former owners
- Incorrect indexing
- Clerical errors in recording legal documents
- Delivery of deeds after the death of a grantor
