What is title insurance?
Often, mistakes are made in the life of a title because of human error involved in the record-keeping. It is not unusual to find that a lien was not properly cleared, or the transfer of ownership not properly recorded..
Thorough title examinations performed by Preferred Title of Colorado typically uncovers these errors and can often remediate them. This examination is the foundation of the transfer of a property's ownership because a title needs to be free and clear to be transferred.
Once the title search is complete and the title has been examined and deemed free of encumbrances, Preferred Title of Colorado issues an insurance policy that protects both the buyer's and lender's interest in the clear title to the property.