Select your state

Real property

title insurance

Title insurance insures, defends, indemnifies, and protects the policyholder against claims or losses arising from a defect or claim against the title to real property. Title insurance is usually issued to the buyer of real property by the title company that conducted the title search.

In Oklahoma, title insurance is a product that provides protection to purchasers of real estate and their lenders against financial loss due to defects in the title to the property. The title insurance policy covers events that occurred before the policy's effective date, including fraud, forgery, undisclosed heirs, or mistakes in records. It does not cover issues that arise after the policy is issued. Title insurance is typically issued after a title company conducts a thorough search of public records to trace the property's ownership history and identify any potential legal claims or liens against it. The Oklahoma Insurance Department regulates the title insurance industry, ensuring that title insurers comply with state statutes and regulations. The cost of title insurance in Oklahoma may vary depending on the value of the property and the level of coverage chosen. Unlike other types of insurance that protect against future events, title insurance is a one-time purchase that remains in effect for as long as the policyholder has an interest in the covered property.

Legal Articles

State Statutes

Individual & Family Legal Plan

As a LegalFix member, you'll get expert legal services from a local law firm that treats you like an important client. Don't wait—be prepared for life's inevitable legal challenges starting today. And ask your employer, credit union, or membership group about preferred pricing opportunities.

Real property

title insurance

Individual & Family Legal Plan

Articles

Oklahoma State Code

Oklahoma State Code

Real property

title insurance

Articles