On OWNER'S TITLE INSURANCE POLICIES, what must an agent disclose?

An agent must disclose all outstanding, enforceable recorded liens or other interests when dealing with owner's title insurance policies. This is critical to ensure that the property owner is fully informed about any claims or encumbrances that could affect the ownership rights to their property.

By disclosing these liens or interests, the agent provides transparency, enabling the homeowner to understand the potential financial or legal obligations tied to the property. This practice protects both the agent and the homeowner from future disputes or issues regarding ownership rights. Ensuring that all enforceable interests are disclosed helps facilitate a smoother transaction process and allows the owner to take necessary actions to address any existing liens before finalizing their property purchase.

In contrast, focusing solely on major liens, providing no disclosure, or presenting past ownership history does not adequately represent the current financial and legal standing of the property, leaving the owner vulnerable to unexpected liabilities.