& ESCROW OF HAWAII

About Title Insurance

Title insurance is necessary to make sure your rights to the real
property you purchased are clear, that transfer of title takes place
eciently and legally, and that your interests as a homebuyer are protected
in the event of unforseen or fraudulent claims against your property.
Have you ever wondered why title insurance is
necessary? The primary purpose of title insurance
is to protect what could possibly be the most
important investment youll ever make - the
investment in your real estate property.
The purchase of a home is most likely one of
the most expensive and important purchases
you will ever make. You, and your mortgage
lender, want to make sure the property is
indeed yours completely and legally,and that
no individual or government entity has any
right, lien, claim or encumbrance to your
property. With title insurance you are assured
that any valid claim against your property will
be borne by the title company, and that your
rights as the homeowner are protected.
How can there be any title defects if the title
has been search?

What protection does title insurance provide against

defects and hidden risks?
Title insurance will pay for defending against any lawsuit attacking your title as insured, and will either clear
up title problems or pay the losses of the insured party.
For a one-time premium, an owners title insurance policy
remains in effect as long as you, or your heirs, retain an
interest in the property.
Here are just a few of the most common hidden risks that
can cause a loss of tile or create an encumbrance on title:
False impersonations of the true owner of the property.
Forged deed, release or wills, instruments executed
under invalid or expired power of attorney;
Undisclosed or missing heirs; mistakes in recording
legal documents
Misinterpretations of wills

Title insurance is issued after a careful examination

of copies of the public record. But even the most
thorough search cannot absolutely assure that
no title hazards are present, despite the
knowledge and experience of professional
title examiners. In addition to matters shown by
public records, other title problems may exist that
cannot be disclosed in a search.

OAHU BRANCHES
201 Merchant St, Ste 2100, Honolulu | (808) 536-0404
4211 Waialae Ave, Ste 8050, Kahala | (808) 380-6767
609 Kailua Rd, Ste 204, Kailua | (808) 230-8080
1001 Kamokila Blvd, Ste 151, Kapolei | (808) 380-3640
98-211 Pali Momi St, Ste 805, Aiea | (808) 485-0505

Trusted everywhere,
every day.

Deeds by persons of unsound mind

Deeds by minors
Deeds by person supposedly single, but in fact married
Fraud
Liens for unpaid estate, inheritance, income or gift taxes

MAUI BRANCHES WWW.FIDELITYMAUI.COM

285 W. Kaahumanu Ave, Ste 103, Kahului | (808) 893-0556
12 Kiopa'a St, Ste 101, Pukalani (Upcountry) | (808) 573-0110
727 Wainee St, Ste 102, Lahaina | (808) 661-4960
161 Wailea Iki Place, Ste C103A, Wailea | (808) 891-2404
KONA BRANCH
75-1000 Henry St, Ste 202, Kailua Kona | (808) 334-020

Cody Day

www.FidelityMaui.com

& ESCROW OF HAWAII

Title Insurance Facts

Title insurance is important for many reasons.
Just a few reasons include:
Title insurance will protect you against a loss on your
home or land due to a title defect.

Claims have risen dramatically over the last

30 years.

A deed or mortgage in the chain of tile may be forgery. There may be a defect in the recording of a document
upon which your title is dependent.
Claims constantly arise due to marital status and
validity of divorces.
Title insurance covers attorney fees and court costs.
A deed or mortgage may have been made by an
incompetent for underaged person.

Many lawyers protect their clients as well as them

selves by procuring title insurance.

A deed or mortgage may have been made by a person A deed or mortgage may have been procured by fraud
with the same name as the owner.
or duress.
A child born after the execution of a will may have
interest in the property.

A title policy is paid in full by the first premium for as

long as you own the property.

Title transferred by an heir may be subject to a federal

estate tax lien.
An heir or other person presumed dead may
appear and recover the property or an interest.
A judgment regarding the title may be voidable
because of some defect in the proceeding.
By insuring the title, you can eliminate delays when
passing your title on to someone else.
Title insurance helps speed negotiations when youre
ready to sell or obtain a loan.
A deed or mortgage may be voidable if
signed while the grantor was in bankruptcy.
OAHU BRANCHES
201 Merchant St, Ste 2100, Honolulu | (808) 536-0404
4211 Waialae Ave, Ste 8050, Kahala | (808) 380-6767
609 Kailua Rd, Ste 204, Kailua | (808) 230-8080
1001 Kamokila Blvd, Ste 151, Kapolei | (808) 380-3640
98-211 Pali Momi St, Ste 805, Aiea | (808) 485-0505

Trusted everywhere,
every day.

MAUI BRANCHES
285 W. Kaahumanu Ave, Ste 103, Kahului | (808) 893-0556
12 Kiopaa St, Ste 101, Pukalani (Upcountry) | (808) 573-0110
727 Wainee St, Ste 102, Lahaina | (808) 661-4960
161 Wailea Iki Place, Ste C103A, Wailea | (808) 891-2404

Cody Day

KONA BRANCH
75-1000 Henry St, Ste 202, Kailua Kona | (808) 334-020

www.FidelityMaui.com