Frequently Asked Questions

  Q.  What is a title?

  A.  A title is the foundation of property ownership.  It is the owner's right to possess
        and use the property.

  Q.  What kind of problems can a title search reveal?

  A.  A title search can show a number of title defects and liens, as well as other
        encumbrances and restrictions.  Among these are unpaid taxes, unsatisfied
        mortgages, judgments against the seller, and restrictions limiting the use of the land.

  Q.  What is Title Insurance?

  A.  Title insurance is your policy of protection against loss if any of these problems,
        even a "hidden hazard", results in a claim against your ownership.

  Q.  How does title insurance protect my investment if a
        claim should rise?

  A.  If a claim is made against your property, title insurance will, in accordance with
        the terms of your policy, assure you of a legal defense and pay all court costs
        and related fees.  Also, if the claim proves valid, you will be reimbursed for your
        actual loss up to the face amount of the policy.

  Q.  Are there different types of title insurance policies?

  A.  Yes, Basically there are two different types of policies-a loan policy and an
        owner's policy.  The loan policy protects the lender's interest in the property as
        security for the outstanding balance under the buyer's mortgage.  The owner's
        policy safeguards the buyer's investment or equity in the property up to the face
        amount of the policy. 

  Q.  How long does my coverage last?

  A.  For as long as you or your heirs retain an interest in the property and, in some
        cases, even beyond.