Title insurance protects property owners and landlords from any claims that were made against a property before ownership was legally transferred. A title is the document that demonstrates one’s legal ownership of the property, and title insurance protects that document if someone brings a suit against the home or property before it is legally in your possession, for example a claim against the previous owner for failure to pay taxes or municipal violations. Whether you’re purchasing a home or a large swath of commercial real estate, obtaining a title insurance policy will ensure that your investment is safe, your purchase is protected, and any issues that may arise will not be yours to fight.
Questions? Contact us at info@TitlesNY.com or (718) 687-4900