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Why buy a title policy if an attorney has carefully searched the records and title is found to be good?

April 26, 2017attorney buy carefully good policy records searched title

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Why buy a title policy if an attorney has carefully searched the records and title is found to be good?

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There are many hidden defects which may affect title to real estate. Some examples are: • forgeries • frauds • false representation • lost wills • mistakes in descriptions • undisclosed heirs • clerical errors • illegal trusts Defects may not appear in the records and may not be detected by even the most thorough search.