Title Insurance

Title insurance is a policy that protects property buyers and lenders from financial losses due to defects or disputes in the property’s title, such as liens, encumbrances, or ownership claims. It provides coverage for legal fees and other costs related to resolving title issues that may arise after purchase. 

Title insurance is essential as it safeguards lenders’ and buyers’ interests, ensuring the property’s title is clear and marketable, thus minimizing risk in real estate transactions.