Title

One of the most important aspects of protecting a real estate investment is making sure the title to the property is in proper order. A title guaranty or title insurance policy protects your ownership and use of the property by guarding against unknown and hidden risks that may cause you loss or affect your ownership.

Covered title risks include*:

• Invalid documents executed under expired/non-existent power
• False assumption of identity concerning the legitimate property owner
• Liens and financial burdens charged to the previous property owner
• Non registered property easements
• Hidden heirs of previous property owners

What does a title guaranty provide?

• Payment of legal expenses to defend a guaranteed title
• Payment of valid claims up to the value of the guaranty *
• Thorough investigation of the title prior to issuance of title guaranty

Peace of mind

A title guaranty is purchased for a one-time fee and once acquired, protects the policy holder as long as there is an interest in the property. Title insurance is a contract of indemnity that protects the property rights transmitted to a new property owner/lender and indemnifies the policy holder against damage or loss arising from a defect in the title to real property. Title insurance is an important indemnification contract, but Stewart Title Latin America believes it is more important to do the proper research and identify any problems before the purchase.