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The very foundation in every real estate ownership is the title. The title refers to the landowner’s legal right to own, utilize, control, possess or get rid of the house. Title insurance protects both homebuyers and lenders from the likelihood that a seller might not have clear ownership of the house and property they’re selling, therefore making the seller unable to transfer full ownership to the purchaser. What the title insurance does is to protect both you or your lender from rights or claims that other parties may priorly have to the property as well as from any other outstanding debts from the previous property owners. In other words, the title insurance will safeguard you in the event someone challenges your title.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t