By insuring your title, you can eliminate delays and technicalities when passing it on to someone else. Here's a list of just some of the hidden risks title insurance protects you from.
- Deeds by persons of unsound mind
- Deeds by minors
- Deeds by persons who are supposedly single but are in fact married
- Undisclosed or missing heirs
- False impersonation of the true owner of the property
- Forged deeds, releases or wills
- Instruments executed under invalid or expired power of attorney
- Mistakes in recording legal documents
- Misinterpretations of wills
- Liens for unpaid estate, inheritance, income or gift taxes
- Deeds signed while the grantor was in bankruptcy
- Defects in the recording of a document upon which your title is dependent