Purchasing a home is one of life’s biggest financial commitments and protecting it should be foremost in the homeowners’ mind. Most lenders insist on home insurance but that does not provide cover against other unknown defects with the title and/or property. AMC Lawyers recommends Title Insurance provided by Stewart Title Australia.
Stewart Title offers Title insurance for Residential, Residential Strata and Commercial Purchasers. For a one-time premium, homeowners will be indemnified forever on a no-fault basis for losses up to 200% of the purchase price of the property.
What is Stewart Title insurance?
Stewart Title Insurance provides protection to purchasers of real estate by guarding against loss incurred due to title and property related defects that generally are pre-existing and unknown to the purchaser at the time of purchase. Whilst AMC Lawyers ensure the title is transferred into the purchasers’ name, there are unknown risks in purchasing a home.
Stewart Title claims videos provide real life claims and further information of the importance of title insurance.
STEWART TITLE CLAIMS VIDEOS
Non Compliant Building Work
Unapproved Building Work
Boundary & Survey Defects
STEWART TITLE CONSUMER GUIDES
Residential Property Purchaser Policy
Residential Strata Property Purchaser Policy