your only cost as long as you or your heirs own the property. There are no annual payments required to keep your owner’ s title insurance policy in effect.
TITLE INSURANCE POLICIES ARE STANDARD
Owner’ s policies usually do not cover one or more of the following items unless an additional premium is paid.
The standard exemptions are:
• Boundary line disputes
• Easements or claims of easements not shown by public records
• Unrecorded mechanic’ s liens( claims against the property by unpaid contractors)
• Zoning issues
• Environmental protection laws
• Anything that occurs after the date of the policy
• Matters created or assumed by the insured
• Claims of people who turn out to be living in the house( such as a prior owner’ s tenants or someone living in the property without your knowledge) if their presence there isn’ t a matter of public record.
THIS IS GENERAL INFORMATION ONLY.
If you have any specific title questions or concerns, you should consult a title officer to understand your title policy clearly.
AN ORIGINAL PUBLICATION OF IDAHO LEADS | 13