Title Insurance FAQs

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Title insurance professionals examine or research public records to see if there are any problems or defects that could cause you legal issues. They may also manage the closing process.

A title search is an early step in the home buying process to uncover issues that could limit your rights to the property. The search protects you from unknowingly inheriting a previous owner's debts, legal obligations or other title problems.

There are two different types of title insurance: the owner's policy and the lender's policy. While it is your choice, purchasing an owner's title insurance policy is the best way to protect your property rights. The lender's policy is typically paid for by you. It is almost always required by the lender and only protects the lender's interest. 

For as long as you or your heirs retain an interest in the property or have any obligation under a warranty in any conveyance of it.

The title insurance company does not represent the buyer, seller, or the lender in the way that an attorney would represent a client. The title company is legally neutral. The title company's task is to transfer the property in compliance with the terms of the contract and the requirements of law, and to close the loan in conformity with the instruction of the lender.

Closing is the final step in executing the home buying transition. Upon completion of the closing process, you get the keys to your home!

• Home Closing 101
• MLTA Helpful Links