title insurance policies

Title insurance is a policy that protects property buyers and lenders from financial loss due to issues with a property's ownership history. It guarantees that the seller has clear ownership and the legal right to sell the property. If future claims or problems, like undisclosed liens, claims of ownership, or errors in records, arise, the insurance covers legal costs and potential losses. This ensures peace of mind during property transactions, providing essential protection against unforeseen title-related issues that could affect ownership rights.