Questions and Answers

  Q & A - What Makes a Title Defective?

       Any number of problems that remain undisclosed after even the most meticulous search of public records can make a title defective. These hidden "defects" are dangerous indeed because you may not learn of them for many months or years. Yet they could force you to spend substantial sums on legal defense, and still result in the loss of property.

     When you purchase a title insurance policy from Hocking Valley Title Agency, we provide complete protection from these and a host of other hidden defects:

• Creditor Claims

• Deeds executed under false or expired powers of attorney

• Mistaken interpretation of wills and trusts

• Incorrect representation of marital status

• Undisclosed heirs

• Mistakes in recording legal documents

• Incorrect legal descriptions

• Forged deeds, releases, etc.

• Federal, state inheritance and gift tax liens

• Errors in tax records

• Federal condemnation without notice filing

• Capacity of foreign fiduciaries

• Duress in execution of documents

• Want of jurisdiction over persons in judicial proceedings

• Deeds from minors or non-existent entities

• Discovery of later will after probate of first will

• Easements by prescription not discovered by a survey

• Deeds delivered after death of grantor or grantee, or without consent of grantor

Two Types of Title Insurance

       Your lender likely will require that you purchase a Lender's Policy. This policy only insures that the financial institution has a valid, enforceable lien on the property.

       It does not protect you.

       An Owner's Policy on the other hand is designed to protect you from title defects that existed prior to the issue date of your policy. It also covers the full cost of any legal defense of your title.

How Much Does Title Insurance Cost?

       The one-time premium is directly related to the value of your home. Typically, it is less expensive than your annual auto insurance. It is a one-time only expense, paid when you purchase your home. Yet it continues to provide complete coverage for as long as you or your heirs own the property.

When Should I Look Into It?

       Call Hocking Valley Title as soon as you and the seller sign the real estate contract. With a brief summary of the details, our team of title experts will begin a search of the public records and issue a title commitment. Because there are a number of steps, we must take to make certain that we know all we can know about the title, it is wise to get started as soon as possible.

What is the Title Insurance Coverage Cost?

      Rates For Original Owners Insurance

      Rates For Original First Mortgage Title Insurance