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15550 Wayzata Blvd Suite 100 Wayzata, MN 55391 (952) 473-4331 Fax (952) 473-2088 Click here for a map |
Real Estate has always been considered our most valuable possession and there are many special laws to safeguard its ownership. These laws protect your interest in the property; but at the same time protect the rights of others who may have had an interest in the property in the past. Therefore, it is vital for you to make sure you are acquiring good title and that there are no outstanding claims against it.
Title insurance shows you exactly what matters of record could jeopardize your ownership and enjoyment of that property. Title insurance protects you against your title, as insured, including "hidden" title risks...(defects in title that may not be revealed by the public records). Forged documents and claims from missing heirs are good examples.
Title insurance pays any covered loss sustained from such a defect in your title. In addition, it provides for the defense of your title in court, if necessary, without charge to you.
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