Is My Title Policy Transferrable?

Owner’s title policies are not transferrable when you sell your property. A title policy is issued based on the status of title to property as of a particular date. When an owner purchases property and receives a title policy, the policy insures that the owner is the owner, subject to any mortgage the owner may have taken to purchase the property and any other matters (deed restrictions, easements, etc.) that may affect title to the property.

During the ownership of the property things may change.   The mortgage may be refinanced or paid off, a homeowner’s association may be established, abolished or deed restrictions may be amended. The owner may grant an easement across the property, or an easement may be abandoned. Additional structures may be added to the property or existing structures may be increased in size. Because of these potential changes, title insurance companies must research the status of title even after a short period of ownership.

If you would like to use a knowledgeable title company conveniently located in the Heights, please give us a call.

Fidelity National Title, 1512 Heights Blvd., Houston, TX 77008 (713) 529-8800.