Escrow & Title
Title insurance in Mississippi protects against:
AFuture physical damage to the property
BDefects in the title that existed before the policy was issued✓ Correct
CLosses due to natural disasters
DNon-payment of property taxes by the buyer
Explanation
Title insurance protects the insured against losses from title defects (liens, encumbrances, forgeries, errors in the public record) that existed prior to the issuance of the policy.
Related Mississippi Escrow & Title Questions
- A Mississippi buyer pays for a lender's title insurance policy. The lender's policy protects the lender for the term of the policy, which typically ends when:
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