Quote:
Originally Posted by NoMo50
Not so. Title insurance is not required for the property owner. An owner's policy is optional, but a lender's policy is typically required if there is a mortgage on the property. This will be a requirement set forth by the lender, not by statute.
Also, a title policy merely warranties clear title to the property involved. It does not warrant the veracity of an individual survey.
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Correct, an owner's title insurance policy is optional. But, even if you had a policy, I don't think it would cover a property line dispute like this. Title insurance guarantees a clear title, which is not really at issue in this situation.