Report Title Bulletin For Free

Most lending institutions will not loan money to purchase a house or other property unless you buy a "mortgagee" title policy. This policy protects the lender's investment by paying the mortgage (loan amount) if a title defect voids your title.

In most cases, the party that pays for the title policy can choose the title company provider. Since the buyer benefits from the type of title policy they receive, even if the seller pays for it, the buyer has the power to demand that their title insurance be backed by a company that is reputable and trustworthy.

The title company verifies that the seller has the legal right to sell the property to a buyer. A title company can issue a policy, called title insurance, that protects homeowners and lenders from conflicts (like title claims) that may arise from the property's previous owners.

The Texas Department of Insurance can help you with insurance problems, complaints, and questions. File a complaint using its online Insurance Complaint Process. Call (800) 252-3439 if you have questions or need help filing a complaint with them.

Lender's title insurance is usually required to get a mortgage loan. Lender's title insurance protects your lender against problems with the title to your property?for example, if someone sues to say they have a claim against the home. Lender's title insurance does not protect your investment in the home (your equity).

If you spot price gouging or experience unfair or unlawful business practices, please file a complaint online or call our Consumer Protection Hotline at 1-800-621-0508.

TDI regulates title insurance under Texas Insurance Code, Title 11 and the Basic Manual of Rules, Rates and Forms for the Writing of Title Insurance in the State of Texas.

Is it required? Texas does not require title insurance. The lender will require you to buy a Loan Policy of Title Insurance to protect their interest.