Page 9 - RUST_azhg
P. 9
WHAT GOOD IS
TITLE INSURANCE?
we are all about
PROTECTION...
From Harmful UV Rays AND Property Title Losses *
TITLE INSURANCE CAN PROTECT YOU AGAINST :
*
• Defects in the title to your • Loss if you are forced to
property including unrecorded remove structures because they
easements, forgeries, or other encroach on your neighbor’s
undisclosed contract issues. property, over an easement or
• Loss due to unknown building set-back line.
encumbrances on your title such • Loss if a taxing authority
as liens, judgments, or security assesses supplemental real
instruments. estate taxes not previously
• Title claims to the property assessed against the property
as a result of fraud, forgery, prior to the policy date.
or incompetence of the party • Loss in the event the legal
conveying the property. description of the residence
• Loss due to a violation of purchased is not the same as
subdivision law or regulation shown on the final title policy.
which affects your ability to • Loss if the title to the property
obtain a building permit, correct is unmarketable which allows
or remove the violation, or another party not to perform on
remove any existing structuresin a purchase contract to purchase
violation. the land, lease it, or make a
• Lack of legal access to the mortgage loan on it.
property.
*Some policies may be subject to policy deductibles. For all covered risks see a copy of
the title policy which includes deductible amounts.
Beau Bullard (Pav Way)
FOR MORE INFORMATION: www.PTAAZ.com
Pioneer Title Agency 9