Locations


Metro East Title Corporation
407 East Lincoln
Belleville, IL 62220
Phone: 618-234-0139
Fax 618-234-0142


Metro East Title Corporation
107 N. Main Suite 3A
Columbia, IL 62236
Phone: 618-281-8668
Fax 618-281-8660
karen@metroeasttitle.com

Information

About Title Inssurance For Prospective Homeowners

Because your home is probably the most important investment you will ever make, you want to do all you can to protect it.

One of the ways you can do that is through homewowner's insurance. But even the most comprehensive homeowner's policy won't help if your right to he property itself is questioned. That's why owner's tltle insurance should be an essential part of the home-buying process.

The following questions and answers help explain why protecting the title to your properety is one of the most imporftant aspects of homeownership...one that will guarantee your right to enjoy the pleasure of your home for as long as you own the property.

A new home designed to meet the individual needs of your family is a wonderful experience. But before you actually get your dream home, you will, of course, run headlong into dozens of homeownership details.

Of major importance is safe, sound, reliable title Insurance. It is a basic homeownership protection essential to the security of your home.

A homeowner's need for this protection can be summed up briefly by this fact from the day you complete the purchase of your property (and forever after): the safety of your investment and the security of your home are largely dependent upon the soundness of the title to the land upon which your home is built.

Millions of dollars are involved in title disputes every year. When you consider this and the fact that the largest and most important investment you probably will ever make is your home, certainly you will agree that it is a wise precaution to safeguard the security of your investment.

During the initial stages of planning, most homeowners include on their checklist provision for the best materials, construction, accessories and financing. It is also sound planning to make provision for safeguarding the security of your home with a title policy issued by Lawyers Title Insurance Corporation-one of the nation's leading title insurance companies.

Lawyers Title insurance protection gives a homeowner peace of mind. When you have a Lawyers Title policy, you'll never be concerned about the security of your home or the safety of your investment.

The Lawyers Title policy you receive is issued only after a thorough search of the title by title experts who, because of their proficiency and recognized accuracy, are approved by Lawyers Title. It recites the condition of the title reported by these experts. It defines the coverage afforded, lists any exceptions there may be and then, in effect, it says, "You will be defended, without expense to you, against any attack on the title to your property as insured. You will be protected against financial losses caused by these title defects-whether they crop up months after you buy your home or days or years later."

Back of that written guarantee stands Lawyers Title Insurance Corporation -large, financially strong - with a national reputation for integrity, dependability and safe, sound title insurance protection.

As a prospective homeowner you should make sure that your checklist of homeownership features includes the finest title insurance protection obtainable. There is no better title insurance protection than a policy issued by Lawyers Title Insurance Corporation.

The protection afforded by Lawyers Title insurance is great - the cost is small. One single, nonrecurring premium protects you and your heirs for all time.

Safe, sound, reliable Lawyers Title insurance protection is available in practically every section of the country through the company's nationwide network of branch offices, agents and approved attorneys. Lawyers Title's staff and its agents and approved attorneys will be happy to tell you the procedure you should follow in order to make sure that your new home will be safeguarded by the best Title Insurance obtainable...a policy issued by Lawyers Title Insurance Corporation-one of the nation's leading title insurers.

35 Title Troubles

  1. False personation of the true owner of the land.
  2. Forged deeds, releases, etc.
  3. Instruments executed under fabricated or expired power of attorney.
  4. Deeds delivered after death of grantor or grantee, or without consent of grantor.
  5. Deeds to or from defunct corporations.
  6. Undisclosed or missing heirs.
  7. Misinterpretation of wills.
  8. Deeds by persons of unsound mind.
  9. Deeds by minors.
  10. Deeds by aliens.
  11. Deeds by persons supposedly single but secretly married.
  12. Birth or adoption of children after date of will.
  13. Surviving children omitted from a will.
  14. Mistakes in recording legal documents.
  15. Want of jurisdiction of persons in judicial proceedings.
  16. Discovery of will of apparent intestate.
  17. Errors in indexing.
  18. Falsification of records.
  19. Capacity of foreign fiduciaries.
  20. Claims of creditors against property sold by heirs or devisees.
  21. Deeds in lieu of foreclosure given under duress.
  22. Ultra vires deed given under false corporate resolution.
  23. Easements by prescription not discovered by a survey.
  24. Deed of community property recited to be separate property.
  25. Errors in tax records. (For example, listing payment against wrong property)
  26. Deed from a bigamous couple.
  27. Defective acknowledgements.
  28. Federal condemnation without filing of notice.
  29. Descriptions apparently, but not actually, adequate.
  30. Corporation franchise taxes, a lien on all corporate assets.
  31. Erroneous reports furnished by tax officials.
  32. Administration of estates of persons absent but not deceased.
  33. Undisclosed divorce of spouse who conveys as consort's heir.
  34. Marital rights of spouse purportedly, but not legally, divorced.
  35. Duress in execution of instruments.