A forged signature on the deed prohibiting transfer of ownership
A home is usually the largest single investment any of us will ever make. When you purchase a home, you will purchase several types of insurance coverage to protect your home and personal property. Homeowner's or hazard insurance protects against loss from fire, theft or wind damage. Flood insurance protects against rising water. And a unique coverage known as title insturance protects against hidden title hazards that may threated your financial investment in your home.
In spite of all the expertise and dedication that go into a title search and examination, hidden hazards can emerge after closing resulting in unpleasant and costly surprises. Title insurance offers financial protection against these and other covered title hazards. The title insurers will pay for defending against attacks on the title as insured, and will either perfect the title or pay valid claims—all for a one time charge at closing.
A forged signature on the deed prohibiting transfer of ownership
An unknown heir of a previous title holder claiming ownership
Instruments executed under an expired or fabricated power of attorney
Mistakes in the public records
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