Title insurance of real estate : The preservation of the rights of property.
We will talk about such an important aspect when buying real estate as title insurance. If you are thinking about buying a home on the secondary market, then this information will be especially useful for you.
Title insurance is something like a "safety cushion" for your deal. It protects you from possible legal problems related to the ownership of the acquired property.
Let's figure out why title insurance is so important. After all, when buying real estate on the secondary market, there is a risk of loss of ownership. For example, imagine that you purchase an apartment, and then it turns out that the previous owner inherited it or had some other legal restrictions. That's where title insurance comes in handy!
There are several cases where it is strongly recommended to insure the title when buying real estate on the secondary market:
1. If the seller inherited the apartment.
2. When using maternity capital when buying a home.
3. If the apartment has become the property of the seller by a court decision.
4. If the seller's age at the time of the transaction is 60 years or more.
5. If there are signs of bankruptcy of the seller.
6. If the apartment was owned by the seller less than the limitation period (3 years).
Title insurance also covers the risk of a transaction being declared illegal for reasons such as:
- Making a transaction by an incompetent person;
-Conducting a transaction in violation of the rights of minor owners, heirs or spouses;
- Errors in title deeds and other documents, according to which the transfer of ownership was previously carried out;
- The transaction was carried out with the bankrupt's property;
-Making a transaction under threat or fraudulently, including using forged documents, forged or invalid power of attorney;
- Violations during the privatization by previous owners;
- Recognition of the void of one of the previous transactions with the object;
We want you to feel confident and secure when buying a property. Therefore, contact us, and we will conduct a pre-insurance examination for you and conclude an insurance policy for a year with an insurance company. We value every customer and want your real estate purchase experience to be as comfortable as possible.
Do not take risks and forget about title insurance when buying real estate on the secondary market. We are always ready to help you make the right choice and protect your interests. Contact the professionals and be sure of the safety of your transaction!
Thus, title insurance is an important tool to protect your ownership rights when buying real estate. By contacting professionals, you can avoid many potential problems and risks associated with home ownership. Do not neglect this opportunity, because your peace of mind and safety are of the highest priority.
Call our specialists and we will tell you how to get title insurance for your property as a gift for a year.
If you have any questions or need advice, you can always call us by phone:
+7 (812) 325-38-38 (from 9-00 to 21-00 on weekdays; from 10-00 to 18-00 on weekends and public days)
+7(964) 925-30-38 (WhatsApp)
We are always in touch and ready to answer all your questions.
If you prefer to chat, then write us a PERSONAL MESSAGE in VK group. We value each client and guarantee the confidentiality of correspondence. So feel free to ask any questions – we are always happy to help!
And you can visit our office!
Address: Russia, 199406, Saint Petersburg, Nalichnaya Street, 22
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