The first question to be answered is “What is a Title in Real Estate Property?” Simply stated a Title to a property is a bundle of legal rights and legal ownership to a property often referred to as a “Deed” which serves as evidence of ownership.
Title insurance is an Insurance that is provided through a one-time fee that protects your property and investment for the length of time that you, or your loved ones own the property. Title insurance helps to protect real estate owners and lenders against any property loss or damage they might experience because of liens, encumbrances, or defects in the title to the property. Each title insurance policy is uniquely written for a property and is subject to specific terms, conditions, and exclusions.