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