What is a title insurance policy?

A title insurance policy is an insurance policy that protects the owner of residential real estate in Kansas. It guarantees that the property is legally owned by the person who purchased it, and that there are no outstanding legal claims or liens on the property. It also ensures that any taxes, assessments, or other obligations related to the property have been paid. Title insurance policies are issued by title companies, which research the history of a property to make sure that there are no undisclosed debts or obligations associated with it. If any are found, the title company will issue a title insurance policy to the buyer of the property to ensure the risks are covered. Title insurance policies cover costs associated with defending against claims to the title, and in some cases, losses incurred due to title defects. This type of policy is meant to provide peace of mind for buyers of residential real estate in Kansas, and protect them from legal challenges or losses related to their property.

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What is a title insurance policy?

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