Stewart Title - Title Guarantee & Escrow Services Dominican Republic
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Published by
GoPuntaCanaRealEstate.com
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When you decide to buy a property, you must be certain that after the sale
has been completed you will be the true owner of the property.
You need to
be confident that no liens, encumbrances or other impediments will prevent
your...
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When you decide to buy a property, you must be certain that after the sale
has been completed you will be the true owner of the property.
You need to
be confident that no liens, encumbrances or other impediments will prevent
your free use and enjoyment of the property.
Guaranty for the property owner
The same way you purchase life insurance to protect your interests, a Title
Guaranty should be purchased to protect your property title interests.
Your
real estate investment will probably be the biggest investment you will ever
make and loss of this investment can be financially devastating.
You need to
be certain that you are financially protected from potential losses.
What does a title guaranty provide?
• Protection against monetary losses, brought about by hidden ownership
claims that may be made against the property title;
• Payment of legal expenses if the company must defend your property
title against a claim covered by the Title Guaranty in the local courts;
• Payment of valid claims against your property title, up to the amount
of the Title Guaranty.
Some of the risks covered by a Title Guaranty
• Invalid documents executed under expired or no existent power;
• False assumption of identity of legitimate property owner;
• Falsification of documents, legal power, and other papers related to the
transfer of property title;
• Liens or other financial burdens charged to the previous property
owner;
• Non–registered property easements;
• Hidden heirs of previous property owners;
• Documents executed by minors of age;
• Invalid Documents delivered after death of previous owner.
Peace of mind
Once acquired, a Title Guaranty remains in place as long as you own the
property, giving you a lifetime of security and peace of mind backed not by
a promise but by Stewart’s financial stability.
Because only one payment is
required a Title Guaranty is a cost effective method of protecting your real
estate investment and enhancing the value of your property.
WHY TITLE
GUARANTY?
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