Title insurance protects mortgage lenders and owners from unexpected title risks. There are a multitude of hidden defects and potential claims for which title insurance provides coverage including the following:

• Forged deeds and other title instruments

• False impersonation of a true owner

• Deeds by persons of unsound mind or capacity

• Mistakes in recording legal documents (for example, incorrect indexing by land record clerks)

• Undisclosed heirs and divorces

Lender's title insurance will be required by the mortgage lender providing funds for your purchase. Owner's title insurance is purchased at settlement for an additional one-time premium which is computed based upon the purchase price of the property. We recommend that purchasers obtain the "peace of mind" provided by opting to purchase owner's title insurance.