What is title insurance?

Title Insurance provides protection to homeowner’s and lenders to protect their interests in real property. When property is purchased, financed, or sold, a record of that transaction is filed at the Register of Deeds. Other things such as liens, notices and affidavits can also be filed which affect real estate. A Title Insurance Company performs searches through the Register of Deeds and other databases to gather information about a property. This information is used to determine if a property, transaction or mortgage may be insured and this search will help determine what, if anything, must be done prior to the closing and insuring the transaction.