How do you know if a property has had illegal building works? What can happen if the council tell you to remove what you thought was perfectly ok, or worse, an injury or death happens to someone on your property due to something being built illegally and you get sued? What happens when the Certificate of Occupancy has been created and then the owners make a tweak here or there to make the home more comfortable, yet not considered 'approved'? Today we find out how title insurance may be able to help you when there's uncertainty when buying a home.
The lovely Kiani Mills from KLM Conveyancing is back to help Real Estate Right listeners get their real estate right. KLM have offices in Victoria, New South Wales and Queensland, and provide an all encompassing solution to your conveyancing needs.
1. What is title insurance?
2. How can it help us when buying a property?
3. Does it have an expiry date, or do we have to renew it each year?
4. How is it different to building/home insurance?
5. What can title insurance save us from?
6. Does it cover the entire purchase price of the property?
7. Can it help us from getting out of a property for sale?
8. When should we get it (upon purchasing the property or after we settle)?
9. Who do we get title insurance from?
10. Anything else we need to know about title insurance?
CONTACT:
Kiani can be contacted on 0439 999 010 and (03) 9448 8282
Email: kiani@klmconveyancing.com.au
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