F.A.Q. What is Title Insurance & what does it do for me?
Real Estate has always been considered one of our most valuable possessions. It is so basic a form of wealth, that many special laws have been enacted to protect ownership of land and the buildings which stand on the land.
Title Insurance is the application of insurance principles to hazards inherent in real estate titles. “Title” is the foundation of ownership of property. It means that you have a legal right to possess that property and to use it with in the restrictions imposed by authorities or limitations on its use. There are many title troubles that can arise to cause the loss of your home, business, or mortgage investment. Title troubles not disclosed by the most careful search of the public records – called hidden hazards – are the most dangerous. Because of them, your abstract may be perfect, but your title worthless. Owner’s Title Insurance protects you as well as your heirs from financial loss caused by title troubles. And the title insurer, without expense to you, will defend you against any attack on the title to your property as insured. The one-time premium is small. The protection is great. If you have any other questions about Title Insurance, or any of the other services offered, stop by York Title Co.’s office, give us a call at (402) 362-4405, or Contact us. We will be glad to help you. ![]()
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