What are some common hidden title issues?
Even after conducting a title search there may be some hidden title problems. Not all title problems will appear in the public records. All of the issues listed below can make your title worthless. A title insurance policy can protect you from a loss caused by a title claim. Here are some examples of why it’s important to buy title insurance: 1) Fraud: Someone represents that they are the true owner of the land, but they are not. 2) Forgery: Someone has given a forged deed. 3) A bad Power of Attorney: a person claims to have “power of attorney” but does not have the legal authority to act for another person; or, the power of attorney has expired; or, the power of attorney is not properly executed and/or notarized. 4) Delivery of a deed after the death of the grantor, without the pre-written consent of the deceased. 5) Estates/Wills not properly probated. 6) It is discovered that a will isn’t legally valid. 7) Mistaken interpretation of a will. 8) Un-disclosed or missing heirs. 9) Birth
