Titles and Their Role in Real Estate

What is a?title in Real Estate?
Simply stated, the title to a piece of property is the evidence that the owner is in lawful possession of that property.?

What is Title Insurance and how does title insurance differ from other?insurance?
A title insurance policy insures against events that occurred in the past of the real estate property and the people who owned it, it’s paid for with a one-time premium paid at the close of the sale and covers the owner for as long as they own the property. It is different from any other insurance such as car, life, health, etc., because those protect you against potential future events and are paid for over and over with monthly or annual premiums.

What does it?cover?
Title insurance protects against claims from ownership defects. Defects are things such as another person claiming an ownership interest, improperly recorded documents, fraud, forgery, liens, encroachments, easements and other items that are specified in the insurance policy.?

Who is Platinum Title, LLC?

Platinum Title, LLC is a local family-owned and operated title company with locations throughout the Kansas City area. We recently celebrated our 20thanniversary serving the local real estate community. Our Mission Statement – Exceptional Service is Our Promise, Your Trust is Our Mission, says it all and why many top groups like the Thrive KC Team, recommend us to their clients. Our attention to detail, top-notch customer service and desire to make the closing process a very smooth process for all parties is our goal.

Please feel free to give us a call with any questions at 913-491-5001 or check us out on the web at https://platinumtitleksmo.com/