Title insurance policies are available to protect both the lender (lender's policy) and the buyer (owner's policy) from future loss. The policy of title insurance insures the owner and/or the lender of ownership of the property.

The title policy is written after an extensive examination of the public record is made and the recording of the required documents as called for in the escrow.

Title is a collective term that makes up your legal rights to own, possess, use, control and dispose of land. Title takes into account all previous ownership and transfers. In order to legally transfer real estate property a title search must be conducted in order to determine if the title is free of defects or encumbrances.

The title insurance policy fee is a one-time fee, paid at the close of escrow.