Title Insurance Lawyers in Altamonte Springs, Florida
The Law Offices of Brett D. Bevis, PLLC are title insurance lawyers in Altamonte Springs, Florida who may be able to assist you with your title insurance needs. Title insurance is a type of insurance purchased to protect an individual, company, or mortgage lender from losses due to issues with a title. The title is the document that grants an individual the rights to a property and is proof of ownership of a property. This is an incredibly important document. If another person claims ownership of the property, having a “clean” title gives the owner of the property the evidence he or she might need to defend against any claims should they be taken to court. However, if there are problems with a title (such as an outstanding will or problems with recordkeeping), another individual may be able to make a successful claim on the property. How can a home owner protect him or herself from this scenario? Through holding title insurance.
Before a real estate transaction can be completed, a title must be “clean.” This means that the title must show that the property is free to sell. A title search will research whether back taxes are owed on the property, whether there are any liens on the property, and any other issues that can impact the value or salability of a property. A lawyer can perform research into the title, and can look into public records regarding a property in question, but title insurance protects an individual from any oversights or mistakes. If a title search omitted important information, like the presence of an old will, or old claims on the property, title insurance can protect the holder of the insurance from any claims or losses related to issues with a title.
The Law Offices of Brett D. Bevis, PLLC is a title insurance lawyer in Altamonte Springs, Florida who may be able to assist you with title insurance if you are in the process of purchasing real estate. A clean title is important when purchasing property. Our Altamonte Springs, Florida title insurance lawyer may be able to help you.