Title Insurance Dispute Litigation Attorneys
Representing Clients in Southern California
If you are in need legal representation in a title insurance litigation matter in Orange County, we suggest that you contact us at your earliest convenience. We represent parties involved in title insurance disputes, including sellers and owners of residential and commercial properties. If you need an experienced and competent Real Estate Attorney to represent you in a title defect matter, you can rest assured that Orange County Lawyers will work diligently to protect your interests and to resolve the matter.
What is a title defect?
A title defect is one of any number of things that could jeopardize your interest. It could be an unsatisfied mortgage, lien, judgment or other unrecorded claim against the property. It could arise through easements, use restrictions or other existing covenants, or it could be a hidden risk.
What types of hidden risks does title insurance protect against?
Title insurance generally protects you against four kinds of hidden risks:
Errors in the public records – such as incorrect information in deeds and mortgages regarding names, signatures and legal descriptions;
Judgments, liens and mortgages – or any other claims against the property or the seller which become the new owner’s responsibility after closing, such as unpaid taxes, assessments and other debts to creditors;
Claims to ownership – by the spouse of a former owner or by the “missing heir” of a deceased owner who did not receive his share of the estate; and
Invalid deeds – or other transfers by sellers who did not actually own the property or by previous owners who were minors or not mentally competent.
Title Insurance Disputes and Defects
Title insurance protects against title search errors, undiscovered title defects, and losses that arise from disputes over property ownership once the property has been purchased. Title defects can cause major problems for residential and commercial property owners, buyers, and sellers. Without a clear title, your property’s marketability is drastically compromised. A potential buyer will likely be unable to obtain a loan to purchase your property which would prevent you from being able to easily sell the property. Even the smallest title defect will cause a lender to balk and thus create funding problems.
Most title problems arise through the rejection of the title by the buyer’s lender. When this happens, it is imperative that the extent of the title defect is known immediately and that a plan of action is initiated to remove the defect. An experienced Real Estate Attorney will work to clear the title of the defect or encumbrance. If the claim is covered by an existing Title Policy, all work to remove the uncovered defects will be paid for by the insurance company.
The whole purpose of Title insurance is to protect you against loss when defects arise related to the title of your property. If you find yourself with a title insurance matter that is disputed, having a Real Estate Attorney investigate the details and work to solve the matter will often accelerate and encourage all parties to find a solution as you are take more seriously that trying to unravel these defects on your own. It is always advisable to seek professional legal help from a Real Estate Attorney who is experienced in title insurance law and regulations. Real Estate Attorney, Orange County Lawyers is a Southern California Real Estate Attorney who can get results in your title insurance litigation matter, and represent you in any legal proceedings necessary to resolve the matter quickly cost-effectively.
Trusted Advice & Solutions for
Buyers, Sellers & Investors in Real Estate
The attorneys at Orange County Lawyer Group are expert in business and real estate solutions to meet the needs of buyers, sellers, investors, insurers, financiers and others involved in Real Estate. We are dedicated to helping clients make educated, informed decisions about their choices and challenges faced in the complex world of real estate, business and taxes that swirl around real estate. Call us at (855) 757-2889 for an appointment to confidentially review real estate opportunity or concern.