Title policies are often overlooked by purchasers in real estate transactions. It is important that you understand your title policy. This is the document that ensures that your property has been conveyed legally and appropriately. Title  insurance is purchased during real estate transactions so that you are covered in the event title is not legally conveyed. Your title policy contains the conditions under which your title insurance will cover your purchase. At minimum, you should understand that clean title requires an accurate description of the property and supporting documentation, including a survey, along with information with any records of ownership like, leases, easements or rights of way to which your property is subject, which may or may not have been previously recorded.  There are many legal issues that can arise from failure to have a correct title policy.

-Emily A. Helmick, Esq.