The Hidden Risk
Under a title insurance policy, various "hidden risks" are protected, providing
coverage for potential issues that may arise from past events.
Consider These Instances:
False Impersonation:
Protection against the false impersonation of the true owner of the property by the seller or other individuals who were previously in title.
Forgery and Fraud:
Coverage for forged deeds, releases, and other documents, as well as protection against fraud related to the property's title.
Deeds by Persons
of Unsound Mind
or Minors:
Safeguarding against deeds executed by individuals of unsound mind or by minors, which may be deemed invalid.
Invalid Documents
by Expired Attorney:
Protection in the case of invalid documents completed by an attorney whose authorization has expired.
Invalid Deeds After Grantor's Death:
Coverage for deeds that are delivered after the death of the grantor, which may be considered invalid.
Deeds by Supposedly
Single Persons:
Protection against deeds by individuals claiming to be single but are actually married.
Claims for
Unpaid Taxes:
Coverage for claims related to unpaid inheritance and gift taxes against prior owners of the property.
Unrecorded Easements:
Protection against unrecorded easements that may grant another party the right to enter the property.
Undisclosed Descendants or Former Owners:
Coverage for undisclosed descendants or former owners of the property or land on which it is situated.