The Importance of Title Insurance in North Carolina Real Estate Deals

181 US-158, Mocksville, NC 27028, USA

The Importance of Title Insurance in North Carolina Real Estate Deals

March 31, 2025

Buying a home or property is often one of the biggest investments you'll ever make. With so much at stake, it's crucial to protect your ownership rights. That’s where title insurance comes in—a powerful safeguard in any North Carolina real estate transaction. At Koontz Law, PLLC, we’ve seen firsthand how title issues can disrupt deals and cause major stress. Title insurance offers peace of mind by protecting buyers and lenders from hidden risks tied to the property’s history.

What is Title Insurance?

Title insurance is a policy that protects against financial loss from defects in a property’s title. These defects might include unknown liens, unpaid taxes, errors in public records, or even claims from missing heirs or previous owners. Unlike other types of insurance that cover future events, title insurance protects against past events that might surface after the closing.

There are typically two types of policies:

Why is Title Insurance Important in North Carolina?

In North Carolina, real estate laws are complex, and many older properties may have unclear histories. Even with a thorough title search, some issues—like forged documents, incorrect legal descriptions, or undiscovered easements—can go unnoticed until they become a problem.

Without title insurance, you could be held financially responsible for resolving these issues, which might even jeopardize your ownership rights. At Koontz Law, PLLC, we regularly assist clients in uncovering and addressing title concerns before they become costly problems.

When is Title Insurance Purchased?

Title insurance is typically purchased during the closing process. A one-time premium is paid at closing, and coverage lasts as long as you or your heirs own the property. Compared to the potential financial risks, the cost of title insurance is a small price to pay for lasting protection.

The Role of Your Real Estate Attorney

An experienced real estate attorney is essential in reviewing title reports, resolving discrepancies, and ensuring your title insurance policy offers the coverage you need. At Koontz Law, PLLC, we help clients throughout the Piedmont Triad navigate the entire closing process with confidence, making sure their investment is secure every step of the way.

Protect Your Investment with Koontz Law, PLLC

Whether you’re buying your first home or closing on commercial property, don’t overlook the importance of title insurance. It’s one of the smartest decisions you can make in protecting your investment. Koontz Law, PLLC is here to guide you through every aspect of your real estate transaction, including securing comprehensive title insurance coverage. Contact us today to schedule a consultation and ensure your next real estate deal is safe, secure, and stress-free.

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