MacLeod Law Group Attorneys Protect Clients’ Titles to Real Property
Real estate attorneys offer title insurance advice and counsel to clients in the Chestertown area
If you are a residential or commercial real estate owner, you want to ensure your property is protected against claims against it. Likewise, if you are buying a home or business property, you want to make sure that the property's title is clear and unencumbered by liens or defects so the transaction can proceed. In both cases, you can have that assurance through title insurance. At MacLeod Law Group LLC, our real estate attorneys have the experience and skills to provide meticulous analyses of real estate documents that affect your property rights. We represent buyers and sellers in the Chestertown area and throughout Maryland by arranging for title searches and assisting with title insurance policies. We understand that title insurance protects your rights to your property, and we draw on our experience to ensure policies fully protect you against risks.
Knowledgeable legal advisers handle title insurance for clients
There are two basic types of title insurance policies — one for lenders and one for homeowners. Lenders' title insurance protects banks, mortgage companies and other lending institutions involved in loans for real estate transactions; it does not protect you if a claim is made against the title to your property. That's why it's essential that you have a thorough title search done before purchasing a home or business property so that you can purchase your own title insurance policy. Depending on the jurisdiction and the terms of your loan, you may need both types of coverage.
Skilled advocates explain your policy coverage
It pays for you to be knowledgeable about your policy by knowing what it covers and what it doesn't. A title search, which is required before an insurer will underwrite a title insurance policy, protects property owners by investigating whether these defects or claims exist: