Owner Coverage

Topics:

Iowa Title Guaranty

Protecting Titles. Protecting You.

Iowa Title Guaranty owner coverage provides assurance to owners that their property interest is free from certain title defects, liens and encumbrances, as defined by the terms and conditions of the certificate. The owner certificate protects owners from potential financial losses associated with the covered risks.

A title defect refers to any error, omission, or other complication that precludes the sale of the property, including but not limited to the following:

Undisclosed liens
Defective legal descriptions
Document and execution errors
Mistakes in searching the public records
Fraud and forgery
Paid, but unreleased mortgages

In the event a covered title defect is discovered, Iowa Title Guaranty will work with the owner to resolve the issue. As Iowa’s title coverage provider, Iowa Title Guaranty operates as a title underwriter and maintains reserves to pay covered claims.

How to Obtain Coverage

Title issues do not happen often, but you will be glad you are covered if they do.

Tell your real estate professional and your lender that you would like Iowa Title Guaranty owner coverage.
If your lender is obtaining Iowa Title Guaranty lender coverage, request that owner coverage be added to the lender commitment.
If your lender is not obtaining lender coverage or if you seek owner coverage on a cash transaction (you are not obtaining financing), please complete the application linked below.

Application for Title Guaranty