Four-Step Title Insurance Process
Sun Title makes loan closings as simple as possible.
What Is Title Insurance?
Title insurance is the assurance that every possible cloud on the title to the land that you are buying, which can be discovered from public records, has been called to your attention so that the defects, if any, can be corrected before you buy.
What Is Title?
Title is the ownership in real property. Real property is land, together with fixtures, improvements and appurtenances.
The owner of record has the legal right to possess, occupy, peacefully enjoy and sell that property without interference from others, subject only to restrictions imposed by governmental authorities or previous owners.
Examples of Title Problems
- Forged title documents
- Power of Attorney used by people who do not have legal authority
- Heirs missing or not disclosed in the title documentation
- Mistakes made in recording legal documents