Purchasing a home is one of the most significant financial investments a person can make. While many buyers focus on mortgage rates, inspections, and closing costs, one critical aspect of the process often gets overlooked—Nevada title insurance.

What Title Insurance in Nevada Covers.

Undiscovered Liens.

If the previous owner had unpaid debts, such as property taxes or contractor fees, those debts could become your responsibility after purchasing the property. Title insurance ensures you’re not held liable for unpaid obligations that you weren’t aware of.

Forgery or Fraud.

In some cases, fraudulent transactions occur where a property is sold with forged signatures or fake documents. If a previous owner or someone else falsely claims ownership, title insurance can cover legal costs and protect your rights to the property.

Errors in Public Records.

Clerical errors, missing information, or inaccurate filings in public records can cause disputes over property ownership. Title insurance helps correct these issues and provides coverage for any legal expenses that arise from them.

Unknown Heirs.

If a previous owner passed away and an unknown heir comes forward claiming rights to the property, it could result in legal battles. Title insurance protects against ownership disputes caused by previously unrecognized heirs.

Boundary and Survey Disputes.

If there’s a discrepancy in property boundaries, such as a neighbor claiming part of your land, title insurance can help cover the costs of resolving the dispute.

Easements and Encroachments.

Easements allow others to use part of your property for specific purposes, such as utility companies accessing underground lines. In some cases, unknown easements can restrict how you use your land. Title insurance helps uncover and address these potential issues.

Why You Should Invest in Title Insurance in Nevada.

Peace of Mind.

Buying a home is stressful enough without worrying about hidden legal risks. Title insurance gives you peace of mind, knowing that your ownership rights are fully protected against unforeseen claims or disputes.

One-Time Cost, Lifelong Protection.

Unlike other types of insurance that require ongoing payments, title insurance is a one-time purchase made at closing. Once you pay the premium, you’re covered for as long as you own the home. This makes it an affordable long-term safeguard for your investment.

Protects Against Costly Legal Battles.

Title disputes can be expensive and time-consuming. If someone challenges your property ownership, legal fees alone can be overwhelming. Title insurance covers legal expenses, saving you from financial hardship if an issue arises.

Lender Requirements.

If you’re taking out a mortgage, your lender will likely require lender’s title insurance to protect their interest in the property. However, this policy does not protect you as the homeowner. Purchasing an owner’s title insurance policy ensures you’re also covered.

Covers Hidden Title Defects.

Even the most thorough title searches can miss hidden defects, such as unknown heirs or forged documents. Title insurance acts as a safety net, providing financial protection against any surprises that could arise after you purchase the property.

Simplifies the Homebuying Process.

With title insurance, you can proceed with confidence in your home purchase. If any issues are discovered after closing, you won’t have to navigate them alone—your title insurance provider will handle claims and work toward a resolution on your behalf.

Do You Need Title Insurance in Nevada?

Trust the experts at Security 1st Title of Nevada for all your insurance needs. We offer a wide range of products and services to assist with all your residential and non-residential needs. That includes offering comprehensive title insurance services to protect your property from unexpected claims, so you can always have confidence knowing your land is secure. You can learn more about our Nevada title insurance online, or contact us to schedule a quote today.