Protecting your Home Investment

There are few things in life more important than protecting your investment in your home.  The following matters are examples of why you need a METROWEST TITLE Owner’s insurance policy to protect that investment.  In spite of all the expertise and dedication that go into a title search and examination, hidden hazards can emerge after closing, resulting in unpleasant and costly surprises. However, subject to certain limitations set forth in the policy, a METROWEST TITLE Owner’s Policy can protect you from financial loss resulting from a number of matters that could affect the title to your property, including:

Ø       Lawsuits claiming an interest in or challenging your title.

Ø       Documents executed under false, revoked or expired powers of attorney.

Ø       False impersonation of the true land owner.

Ø       Undisclosed heirs of deceased owners in the chain of title.

Ø       Improperly recorded legal documents.

Ø       Failure to include necessary parties to certain judicial proceedings.

Ø       Defective acknowledgments due to improper or expired notarization.

Ø       Missing interests or gaps in the chain of title.

Ø       Mistakes and omissions resulting from improper abstracting.

Ø       Forged deeds, mortgages, wills, releases of mortgage and other instruments.

Ø       Deeds which appear absolute, but which are held to be equitable mortgages.

Ø       Defective legal descriptions.

Ø       Fraud or duress in execution of wills, deeds and instruments conveying or establishing title.

Ø       Issues involving legal delivery of conveyance instruments.

Ø       Deeds, wills and other instruments signed by minors and other persons lacking legal capacity.

Ø       Unresolved estate and gift tax liens.

Ø       Errors in tax records resulting in liens against your property.

Ø       Lack of administration of estates and/or probate will of deceased persons in the chain of title.

Ø       Tax lien and authority issues concerning conveyances by corporate entities.

Ø       Legal capacity of foreign personal representatives and trustees to act in this state.

Ø       Improper modification of documents.

Ø       Rights of divorced parties.

Ø       Misinterpretation of wills and other instruments in the chain of title.

Ø       Deeds by persons falsely representing their marital status.

Ø       Claims by creditors of a decedent against property improperly conveyed by heirs or devisees.

Ø       Issues concerning takings by eminent domain or condemnation.

Ø       Special tax assessments.

Ø       Real estate homestead exceptions.

Ø       Forfeitures of real property due to criminal acts by a prior owner.

Ø       Issues concerning adoption of children.

Ø       Conveyances and proceedings affecting rights of military personnel under by the Soldiers’ and Sailors’ Relief Act.

Ø       Issues concerning interest noted in financial statements filed under Uniform Commercial Code.

Ø       Lack of jurisdiction or competency of persons in judicial proceedings.

Ø       Utility easements and other interests or defects in title occurring prior to the customary title search period.

Ø       False affidavits of death or heirship or other matters.

Ø       Probate matters.

Ø       Federal estate and gift tax liens.

Title insurance protects against these types of title hazards with a one time premium for as long as you or your heirs own the property.