Need title insurance?
Title insurance may have limits on its coverage, such as excluding uses based upon zoning and governmental regulations. The premium differs from other insurance in that it is paid only one time for coverage that extends until the owner sells or transfers the real estate. Most lenders require the purchase of new title insurance each time an owner refinances the real estate. The premium for the policy is generally based upon the price of the property or the amount of the loan against the property. Work with a real estate law attorney to understand and select the insurance correct for you. Under this field of real estate law, we handle issues involving:
- Title insurance for homes and commercial properties
- Real estate settlement insurance
- Deed production
- Zoning Appeals & Litigation
Although most banks can issue title insurance, working with an experienced attorney proves more valuable. Since the government sets the price of title insurance, you will pay the same whether you work with a bank or a real estate attorney. Standard banks do not provide the additional services, such as explaining the intricacies of the documents or the limitations on the property’s use. For most banks, title insurance is simply another product line to offer — for us, it is a critical field of real estate law, where we are required to protect you. Our experienced and knowledgeable real estate attorneys will provide you the information you need to make an informed decision. The real estate law attorneys of Mooney & Associates possess decades of experience assisting homeowners. Contact us today.