Title Insurance: What is it? And why you should get it!

Title insurance protects your actual ownership of the property, your “title” to the property.

Your “title” is your legal ownership of the property and in what manner you might own it. The title to the property is a written document,  an agreement between the Buyer and the Seller that is filed or “recorded” with the city or county, or state.

Like all written documents and chains of evidence, there are people managing these steps.

And where there are people, there are chances for accidents to happen.

Title insurance provides protection for Buyers when there are errors or even outright fraud.

For most people, a home purchase is the largest investment of your life. Protecting that ownership is crucial.

00:00 Intro

02:00 What is “title”

04:15  Process of a title search in Rhode Island

08:40 Why a Title Search is important

11:46  When banks turn into restaurants

14:25 A story of catastrophic failure

Do you have a title insurance story to share? Drop a comment below!

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Sandi Warner, Esq. | Managing Broker | Team Lead Harbor to Hill Real Estate Team |

Warner Realty Group, LLC

358 Broadway, Newport, RI, 02840

Cell: 401-662-7204 | Office: 401-236-8685