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Frequently Asked Questions about Title Insurance 

• Why do I need title insurance?
• What is a Title?
• What is Title Insurance?
• What is a Title Search?
• What is Escrow?
• What is an Escrow Account?
• Where can I get Title Insurance?

1. Undisclosed heirs.
2. Improperly recorded legal documents.
3. Gaps in the chain of title.
4. Forged deeds, mortgages, wills, releases of mortgages and other instruments.
5. Deeds by minors.
6. Inadequate legal descriptions.
7. Conveyances by undisclosed divorced spouses.
8. Issues of rightful possession of the land.
9. Special tax assessments.
10. Utility easements.
11. Probate matters.
12. Documents executed under false, revoked or expired powers of attorney.
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What is Title Insurance?
Title Insurance is your policy of protection against losses that may result from any claims against your ownership. It permanently protects you against mistakes and threats that may cause you to lose your property. (top)

What is a Title Search?
A Title Search is a detailed examination of the historical records concerning a property. It describes the condition and quality of the title and records to the property you are interested in buying. The purpose of the search is to verify the seller's right to transfer ownership, and discover any claim, defects, or other burdens on the property. (top)

What is Escrow?
Escrow is the delivery of a deed by a grantor to a third party for delivery to the grantee upon the happening of a contingent event. In some states, all instruments necessary to the sale (including funds) are delivered to a third (neutral) party, with instructions as to their use. (top)

What is an Escrow Account?
An Escrow (or Impound) account is held by a lender for payment of taxes, insurance, or other periodic debts against real property. The mortgagor pays a portion of the property taxes with each monthly payment. The lender pays the tax bill from the accumulated funds. (top)

Where can I get Title Insurance?
When choosing a title insurer, it is important that you look for a company with expertise and experience, as well as the financial strength to protect you should a claim arise. Lighthouse Title Services can provide you with all your title insurance needs and secure your peace of mind. (top)