Real Estate - Dallas, Texas, United States
WHAT IS TITLE INSURANCE? Title insurance protects your title to real estate, but what are the risks that make title insurance important? Real estate has always been considered a person's most valuable possession. It is such basic a form of wealth that many special laws have been enacted to protect ownership of land and the buildings on the land. Whenever you buy property the owner who is selling it to you has extremely strong rights, as do his family and heirs. Also, there may be others, in addition to the owner, who has "rights" in the property. These may be governmental bodies or contractors, or individuals who have proper unpaid claims against the property. Anyone who has such claim is in a sense part owner. The property may be sold to you without the party who has a claim knowing about the sale, and you may know nothing about such claim. It does not matter. Such claims may remain attached to the real estate you have purchased. Insuring with us protects YOUR interest.