When you submit an offer to purchase a home, you are making a commitment that should lead to years of comfort and enjoyment. To help you along the way, your lawyer applies specialized knowledge and experience to ensure that you understand all of your rights and responsibilities, and that all details and legal requirements of the transaction are properly completed.

One of your lawyer’s most important responsibilities is to ensure that you have “good title” to the property you purchase. Good title means that your ownership interest in the property is properly and accurately registered, and that it is free of unknown claims or liens against it. Your lawyer makes certain that your ownership is clear and unencumbered, and that you will be able to sell your property in the future without legal difficulties. The result of your lawyer’s efforts is an opinion or report that provides confirmation that you have good title to your new property.

When buying a home, there is always a possibility that you could be a victim of fraud, or that someone could make a claim against your ownership, which is beyond your lawyer’s control. As a result, your lawyer will recommend that you purchase the added protection of title insurance. For a one-time premium, you can protect yourself against the devastating effects of fraud including the cost to defend your ownership of the property. This can amount to tens of thousands of dollars, not to mention the stress and uncertainty associated with the possibility of losing your home altogether.