What is title insurance?
Title insurance provides protection against loss if a covered defect is found in the title to your property.

What defects are covered?
As an example, title insurance provides you with protection against risks associated with mortgages and judgements which have not been properly indexed in the land records, as well as claims against the property arising from forged or invalid deeds and claims of “missing” heirs.

Won’t the search discover all defects?
Not necessarily. A title search can only determine what is of record. A title search cannot reveal whether a person was competent to sign a prior deed, or whether a deed was forged or altered.

Do I pay a yearly premium?
No, you pay a one-time premium for your title insurance as part of your closing costs.

©2005, Eastern Shore Title Company