Title Insurance Made Simple

Q: My buyer has questions regarding the preliminary title report they just received and title insurance in general. I also struggle with fully understanding and explaining title reports and title insurance. Does OREF have any tools to help us with this?

A: Most people, including agents, struggle to explain what it actually covers (or doesn’t). And honestly, we don’t blame them. It can feel like a confusing jumble of legal jargon and fine print. That’s where OREF 103 – Advisory Regarding Title Insurance comes in! This handy form helps you explain the ins and outs of title insurance in a way your clients can actually understand: what’s included, what’s not, and why it all matters when buying a home. We recommend you review this form and share it with your buyer. It’s important to remember that agents are not qualified to provide advice on title matters. If you or your buyer still have questions after reviewing the advisory, please contact your escrow officer, who can provide guidance on title-related issues.

All comments and responses from OREF or its staff, managers, and volunteers are non-legal opinions made for general purposes. Each Forms subscriber must rely solely upon their Principal broker or personal legal counsel for specific advice and instruction. You and your client should independently confirm that the Form(s) you use are legally suitable for the purposes intended and that they are current with respect to all laws and regulations.