Title insurance is a type of insurance policy that protects the owner of a property or the lender from financial loss due to defects in the title or ownership of the property. Title defects can include things like unknown liens, unpaid taxes, fraud, or errors in the public records. Depending upon the type of loan, typically an individual will receive less of a premium from their lender if the homeowner is able to provide proof of coverage. It is something that is often overlooked until the homeowner is actually in the process of obtaining the loan for their home especially when they have never had to have it before either. Functionally, title insurance protects each side against litigation if there are any problems or issues with the quality of the title during a real estate transaction.

Title insurance attorneys may represent either the buyer or the seller in a real estate transaction, or they may represent the title insurance company. They can help to identify potential issues with the title and advise their clients on how to address those issues. They can provide a variety of services, including reviewing title reports and identifying potential issues, negotiating with other parties involved in the transaction, drafting and reviewing legal documents, and providing advice on how to address any issues that arise. The cost of a title insurance attorney will vary depending on the scope of the services provided and the complexity of the transaction. Some attorneys may charge an hourly rate, while others may charge a flat fee. For more detail, please refer to the info-graphic below.