Why Title Insurance?
There are few things in life more important than protecting your home. The following matters are examples of why you need an All American Title & Abstract, L.L.C. insurance policy. Remember that the best title examination or search cannot protect your equity and home from matters not appearing in the public records. However, All American Title & Abstract, L.L.C policy* can protect you from:
- • Documents executed under false, revoked or expired powers of attorney
- • False impersonation of the true land owner
- • Undisclosed heirs
- • Improperly recorded legal documents
- • Prescriptive rights in another not appearing of record and not disclosed by survey
- • Failure to include necessary parties to certain judicial proceedings
- • Defective acknowledgements due to improper or expired notarization
- • Corporate franchise taxes as liens on corporate real estate assets
- • Gaps in the chain of title
- • Mistakes and omissions resulting in improper abstracting
- • Forged deeds, mortgages, wills, releases of mortgages and other instruments
- • Deeds by minors
- • Deeds which appear absolute, but which are held to be equitable mortgages
- • Conveyances by an heir, devisee or survivor of a joint estate who attempts to attain title by ill-gotten means
- • Inadequate legal descriptions
- • Conveyances by undisclosed divorced spouses
- • Duress in execution of wills, deeds and instruments conveying or establishing title
- • Issues involving delivery of conveyancing instruments
- • Deeds and wills by persons lacking legal capacity
- • State inheritance and gift tax liens
- • Errors in tax records
- • Demolition and substandard building liens
- • Administration of estates and probate of wills of missing persons who are presumed deceased
- • Issues of rightful possession of the land
- • Issues concerning the rightful conveyances by corporate entities
- • Deeds and mortgages by foreigners who may lack legal capacity to hold title
- • Legal capacity of foreign personal representatives and trustees
- • Issues involving improper marital status
- • Improper modification of documents
- • Rights of divorced parties
- • Conveyances in violation of public policy
- • Misinterpretation of wills and ancillary instruments
- • Deeds by persons falsely representing their marital status
- • Claims by creditors of decedent against property improperly conveyed by heirs and devisees
- • Issues concerning unlawful takings by eminent domain or condemnation
- • Special tax assessments
- • Real estate homestead exceptions
- • Forfeitures of real property due to criminal acts
- • Issues concerning adoption of children
- • Conveyances and proceedings affecting rights of military personnel protected by the Soldiers’ and Sailors’ Civil Relief Act
- • Issues concerning interests noted in financial statements filed under Uniform Commercial Code
- • Interests arising by deeds of fictitious parties
- • Adverse possession
- • Lack of jurisdiction or competency of persons in judicial proceedings
- • Community property issues
- • Utility easements
- • False affidavits of death or heirship
- • Intestate estates
- • Probate matters
- • Federal estate and gift tax liens
*Subject to certain limitations set forth in the policy.