Frequently Asked Questions

What is a title search?
A title search is a detailed examination of the historical records concerning a property. These records include deeds, court records, property and name indexes, and many other documents. The purpose of the search is to verify the seller’s right to transfer ownership, and to discover any claims, defects, and other rights or burdens on the property. Town & Country Title is well equipped to interpret the legal significance of all title instruments.

What kind of problems can a title search reveal?
A title search can show a number of title defects and liens as well as other encumbrances and restrictions. Among these are unpaid taxes, unsatisfied mortgages, judgements against the seller, and restrictions limiting the use of land. The experts at Town & Country Title can promptly solve the problems that arise so that your closing takes place quickly and without a hitch.

What is title insurance and why do I need it?
Title insurance affords protection from past events which may or may not be a part of the public records, but that can adversely affect a new owner. Without a title insurance policy, you may not be fully protected against errors in public records, hidden defects, or mistakes in examination of the title of your new property. This may leave you fully accountable for any prior liens, judgments or claims. Your policy, however, ensures that if such an occasion arises, you will be defended free of charge against all covered claims and paid up to the amount of the policy to settle the matter.

What protection does title insurance provide?
Title insurance protects against many causes of loss, none of which are necessarily disclosed by even the most carefully prepared abstract. They include:

  • Forgery
  • Fraud
  • Affidavits
  • Infancy, Insanity & Incompetency
  • False Impersonation
  • Erroneous Interpretations Of Statutes & Rules Of Law
  • Undisclosed Or Missing Heirs
  • Suppressed Or Undiscovered Wills Or Codicils
  • After-Born Or Adopted Children
  • Powers Of Attorney Revoked By Death Or Insanity
  • Claims Arising By Reason Of Foreign Divorce
  • Dower Claims
  • Bankruptcies In Other Jurisdictions
  • Unrecorded Contracts Of Sale