Title Services

How Does Title Insurance Work?

Before any real estate transaction is closed, our title officers search the public records to determine the status of the title on the property being purchased. In some cases the examination may extend to surveys or a physical inspection of a property. The issues a title search may uncover are unpaid taxes or mortgages, judgments against previous owners, mechanic’s lien, easements or other court actions or recorded documents which can affect your ownership. The first benefit you receive when title insurance is ordered is the results of the title search, so that any of these types of issues are corrected prior to your purchase.

Long Title Agency stands behind its title search by issuing you a Commitment for Title Insurance, which reflects the condition of the title at the time, including matters of public record that could lead to a claim against the title. Further, the title commitment states the conditions that our insurance underwriters, all nationally respected title insurance companies, will insure against, providing there are no changes in the title record prior to closing.

Your title insurance assures you that the land ownership rights that come with your real estate investment remain yours for as long as you have an interest in your property. If you encounter a problem with your title, your title insurance policy is there to protect your interests.

 

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