"When
it comes to fast service, we hold the Title!"
A Member of the
LandChoice
Family of Title Insurance Companies
Farmers Our Companies represent the above Title Insurance Underwriters.
Title Insurance guarantees ownership and provides protection to both the owner and
lender involved in the real estate transaction.
Key Benefits
STANDARD OWNER’S POLICY OF TITLE INSURANCE PROTECTS
THE OWNER AGAINST LOSS BECAUSE OF:
1
Forgery
11
Incorrect Legal Descriptions
2
Fraud in connection with the execution of
documents
12
Non-delivery of Deeds
3
Undue influence on a Grantor or Executor
13
Deed executed under expired or false Powers
of Attorney
4
Impersonation by those purporting to be
owners of property
14
Delivery of Deed after death of Grantor
5
Incorrect representation of marital status
of Grantor
15
Deeds by Corporations, Partnerships, Trusts
and other business entities without proper or legal authority
6
Undisclosed or missing heirs
16
Clerical errors in recording legal
documents
7
Wills not properly probated
17
Unmarketability of title as insured
8
Mistaken interpretation of Wills and Trusts
18
Record defects, liens, encumbrances,
adverse claims or other matters not known or disclosed to the new owner that attach before
date of policy
9
Mental incompetence of Grantor
19
Legal Access
10
Conveyance by Minor
EXTENDED COVERAGE POLICY PROTECTS THE LENDER (OR NAMED
INSURED) AGAINST LOSS BECAUSE OF:
1
Forgery
13
Deeds executed under expired or false
Powers of Attorney
2
Fraud in connection with the execution of
documents
14
Delivery of Deed after death of Grantor
3
Undue influence on a Grantor or Executor
15
Deeds by Corporations, Partnerships, Trusts
and other business entities without proper or legal authority
4
Impersonation by those purporting to be
owners of property
16
Clerical errors in recording legal
documents
5
Incorrect representation of marital status
of Grantor
17
Unmarketability of title as insured
6
Undisclosed or missing heirs
18
Record defects, liens, encumbrances,
adverse claims or other matters not known or disclosed to the new owner that attach before
date of policy
7
Wills not properly probated
19
Legal Access
8
Mistaken interpretation of Wills and Trusts
20
Unrecorded liens
9
Mental incompetence of Grantor
21
Survey and boundary
questions
10
Conveyance by minor
22
Claims of parties in
possession not disclosed by the public records
11
Incorrect legal descriptions
23
Easements or claims to
easements not disclosed by the public records
12
Non-delivery of Deeds
Title Insurance Pricing is based upon the ACTUAL VALUE of
the transaction.
For comparison purposes, the following tables represent selected values.
Owner's Policy
Title Premium
(Risk Rate)
Search & Examination
$10,000.00
$14.00
$171.00
$25,000.00
$35.00
$202.50
$50,000.00
$70.00
$255.00
$100,000.00
$130.00
$345.00
$150,000.00
$170.00
$405.00
$200,000.00
$210.00
$465.00
$250,000.00
$250.00
$525.00
$300,000.00
$290.00
$585.00
$350,000.00
$330.00
$645.00
$400,000.00
$370.00
$705.00
All above prices are for RESIDENTAL properties only, which
involve a SINGLE chain of title or ownership.
Additional charges are made for complex searches and policy
endorsements/extended coverages.
Mortgagee's Policy
Title Premium
(Risk Rate)
Search & Examination
$10,000.00
$10.00
$165.00
$25,000.00
$25.00
$187.50
$50,000.00
$50.00
$225.00
$100,000.00
$90.00
$285.00
$150,000.00
$125.00
$337.50
$200,000.00
$160.00
$390.00
$250,000.00
$195.00
$442.50
$300,000.00
$230.00
$495.00
$350,000.00
$265.00
$552.50
$400,000.00
$300.00
$600.00
All above prices are for RESIDENTAL properties only, which
involve a SINGLE chain of title or ownership.
Additional charges are made for complex searches and policy
endorsements/extended coverages.
Name
Title
Company
Address
E-mail
Phone
Send mail to support@tri-lakestitle.com with
questions or comments about this web site.
Last modified: November 19, 2008
"When
it comes to fast service, we hold the Title!"
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Farmers
