Importance of Owner’s Policy

1. Protection Against Title Defects
Guards against unknown liens, forgery, fraud, and clerical errors that could affect ownership.

2. Peace of Mind
Provides assurance and reduces stress by protecting against unforeseen title issues.

3. Legal Defense Coverage
Covers legal expenses for defending against title disputes, saving the owner from significant costs.

4. Financial Protection
Compensates for financial loss due to successful claims against the title, up to the policy amount.

5. Enhances Marketability
Ensures a clear title, making the property more attractive to future buyers and lenders.

6. Investment Protection
Safeguards the significant financial investment in real estate, ensuring secure ownership rights.

7. Ownership Protection
It's a one-time fee at closing that provides protection for the entire time you own the property. While it's optional, it's highly recommended as it safeguards you against any unforeseen issues that may arise