Commerce Title Services, Inc.

About Us

At Commerce Title Services, we realize your home is your most valuable asset. We understand the stress associated with purchasing or refinancing a home and are available to answer any questions you may have regarding your settlement.

When purchasing a new home or refinancing an existing mortgage, do you know what transpires from the time of application to the day of closing? Our staff of experienced professionals will guide you through the process and ensure you are protected against adverse title claims or risks.

Why Title Insurance?

What Does Title Insurance Protect From?

Owning real estate is one of the most precious values of freedom in this country. You want the assurance that the property you are buying will be yours. Other than your mortgage holder, no one else should have any claims or restrictions against your home.

Title insurance is issued after a careful examination of the public records. But even the most thorough search cannot absolutely assure that no title faults are present, despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search. Title insurance eliminates any risks and losses caused by faults in title from an event that occurred before you owned the property.

Title insurance is different from other types of insurance in that it protects you, the insured, from a loss that may occur from matters or faults from the past. Other types of insurance such as auto, life, or health cover you against losses that may occur in the future. Title insurance does not protect against any future faults, but does protect you from risks or undiscovered interests. Another difference is that you pay a one-time premium for a policy that remains effective until the property is sold to a new owner - even if that doesn't occur for decades.

What Does Title Insurance Protect From?

Undisclosed heirs

Forged deeds, mortgages, wills, releases and other documents

False impersonation of the true land owner

Deeds by minors

Documents executed by a revoked or expired Power of Attorney

False affidavits of death or heirship

Probate matters

Fraud

Deeds and wills by persons of unsound mind

Conveyances by undisclosed divorced spouses

Rights of divorced parties

Deeds by persons falsely representing their marital status

Adverse possession

Defective acknowledgements due to improper or expired notarization

Forfeitures of real property due to criminal acts

Mistakes and omissions resulting in improper abstracting

Errors in tax records