What is Title Insurance?
What Is Title Insurance & Why Do You Need It?
Protecting Homebuyers, Lenders & Property Owners from Unexpected Title Issues
When buying real estate, a clear title is essential to ensure you have legal ownership of the property. However, hidden title defects—such as fraud, unpaid liens, or clerical errors—can arise even after a thorough title search. Title insurance protects homebuyers, real estate agents, and lenders from financial loss due to these issues.
At TechneTitle, we provide comprehensive title insurance services in Cincinnati, OH & Northern Kentucky to ensure a smooth, secure closing process for every transaction.
How Does Title Insurance Work?
Before closing on a home, a title search is conducted to identify potential ownership conflicts, unpaid debts, or legal claims. However, some issues may remain undiscovered. Title insurance provides financial protection against these hidden risks.
Covers legal fees and financial losses due to title disputes.
Protects homebuyers, lenders & real estate investors.
One-time payment provides lifetime coverage.
Types of Title Insurance
Owner’s Title Insurance (Protects Homebuyers & Property Owners)
Owner’s title insurance protects you from unexpected ownership claims or liens that could arise after closing.
✔ Covers fraud, clerical errors, undisclosed heirs, and unpaid taxes.
✔ One-time cost provides lifetime protection.
✔ Ensures your legal right to own and sell your home.
Lender’s Title Insurance (Protects Mortgage Lenders)
Lender’s title insurance protects the financial institution issuing the mortgage by ensuring their lien position is secure.
✔ Required for most mortgage transactions.
✔ Protects against undiscovered liens and ownership claims.
✔ Remains in effect until the loan is paid off or refinanced.
FAQs – Common Questions About Title Insurance
1. Is title insurance required?
Lender’s title insurance is required for most mortgage transactions. Owner’s title insurance is optional but highly recommended to protect your property investment.
2. How long does title insurance coverage last?
Owner’s title insurance remains in effect as long as you own the property. Lender’s title insurance lasts until the mortgage is fully paid or refinanced.
3. What risks does title insurance cover?
Title insurance protects against:
✔ Fraud & Forgery – Fake signatures or fraudulent property sales.
✔ Clerical Errors – Mistakes in public records that affect ownership.
✔ Undisclosed Heirs – Claims from unknown family members of past owners.
✔ Unpaid Liens – Debts left behind by previous property owners.
Get Title Insurance with TechneTitle – Protect Your Investment
Serving Cincinnati, OH, Northern Kentucky & Surrounding Counties
Don’t risk unexpected legal claims on your property. TechneTitle provides expert title insurance services to protect homebuyers, lenders, and real estate investors from financial loss due to title defects.
Learn more about Owner’s Title Insurance here.