What should a buyer include in the Purchase and Sale Agreement for added protection from title issues?

Including a request for the seller to provide title insurance in the Purchase and Sale Agreement is a crucial step for buyers seeking protection against title issues. Title insurance protects the buyer from potential defects or claims against the property’s title that may arise after the transaction is completed. Issues such as clerical errors, undisclosed liens, or unknown heirs can complicate ownership and result in financial losses or legal disputes.

By requiring title insurance, the buyer ensures that, should any such issues emerge in the future, the title insurance policy will cover the costs of legal defense and any losses up to the limits of the policy. This safeguard allows buyers to proceed with confidence, knowing they are financially protected against past titles issues that could threaten their ownership rights after the sale.

Other options, while they may seem relevant in certain contexts, do not provide the same level of specific protection against title issues. For instance, negotiating after the sale doesn't address any pre-existing title problems and could potentially open the door to further issues. Offering below market value may serve a different strategic purpose but does not inherently protect the buyer from title defects. Demanding additional commissions could complicate the transaction further and does not provide a safeguard for title concerns. Thus, the inclusion of title insurance stands out as the most