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8 North State Street, Suite 205
Painesville, OH 44077
440-392-6250
fax 440-392-6251

 

Frequently Asked Questions

What types of issues does Title Insurance protect me from?
Here are just a few examples of loss by an Invalid Deed or Mortgage:
~ Forgery
~ Mental Incompetence
~ Executed by a Minor
~ Unauthorized Agent or Trustee of a Corporation or Trust
~ False or Expired Power of Attorney
~ Undisclosed Marital Status
~ Undisclosed Divorce
And then there is loss by:
~ Missed mortgages and Liens, ineffective release of mortgage, unrecorded
   easements, mechanics liens, special assessments, encroachments

What does Title Insurance do for me should there be a problem?
The Title Insurance Company will defend your title in the courts if necessary, correct or clear the defects where possible, or in the event of an unsuccessful defense, pay you for your loss.

Must I purchase Title Insurance?
You do if you need a mortgage, to purchase the property. All mortgage lenders require protection in the form a policy in an amount equal to that of the loan amount. The lender is protected until the loan is repaid.

How Long will I be protected?
By purchasing a Title Insurance Policy for yourself, you are protected for as long as ownership remains in your name or in the names of your heirs.

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