What is title insurance?

It is a specialised type of insurance which provides protection to home buyers and existing home owners of residential property.

When buying a property there are many inherent risks which may cause you loss or affect your ownership.  Title Insurance will protect you against loss incurred due to title and property related defects that generally are pre-existing and unknown to the purchaser at the time of purchase.

What does title insurance cover?

For a home buyer – Residential:  

• Illegal Building Work
• Survey/Boundary Defects
• Registration Gap
• Fraud, Forgery & Identity Theft
• Planning & Title Defects
• Outstanding Rates and Taxes

For a home buyer – Strata:

• Unapproved Alterations
• Registration Gap
• Fraud, Forgery & Identity Theft
• Planning & Title Defects
• Outstanding Rates and Taxes

For an existing home owner:   

• Fraud, Forgery & Identity Theft
• Illegal Building Work
• Survey/Boundary Defects
• Planning & Title Defects

For vacant land:

• Unsatisfied Conditions of Development Approvals
• Fraud, Forgery & Identity Theft
• Survey/Boundary Defects
• Registration Gap
• Planning & Title Defects
• Outstanding Rates and Taxes