Trident Tidbits | May 2018 | 3

The ALTA Enhanced Title Policy — Helping Buyers when fraud strikes!

Pre-closing title searches and closing paperwork can’t protect clients from the fastest growing threat to their property rights: post-closing policy frauds. For that, your buyer needs to select the superior “Enhanced” title insurance policy which provides the most comprehensive protection available.

A standard title policy only protects against claims for problems that arise before closing. The superior “Enhanced” Title Policy extends that coverage to events that happen after closing and into the future. Examples of the post-policy fraud protection provided might include a cybercriminal placing a new mortgage against the buyer’s home after they close, or selling the home out from under them using a forged deed. Other risks covered by the Enhanced Policy include, but are not limited to:

Building permit violations and title issues that a current survey would have revealed
Post-policy encroachments or adverse possession by your buyer or their neighbors requiring forced removal
Automatic increases in coverage up to 150% of the original coverage

Letting Trident Land educate your buyers about the Enhanced Policy ensures you have provided them with the peace of mind that their property rights are protected for the full time that they own their home.

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