Arrowhead Title, Inc.

The transfer of real estate is very complex.  One of the most important aspects of transferring real estate is proving that the current owner has the legal right to sell the property. There are multiple steps in buying and selling property that must be taken and quite a bit of paperwork that must be filled out before ownership can be transferred from one party to another.  Typically, these steps can be taken without too much trouble, but every once in a while, issues may arise that inhibit the sale of a property.  A "cloud" is an example of one such issue. What Does it Mean to have a “Cloud on Title”? Often considered synonymous with "title defect," the term "cloud on title" refers to any issue with a title that may cause a reasonable buyer to hesitate before purchasing the property.  A “cloud on title” is anything that could impair or injure the title to a property or cast doubt on the title’s validity. Examples of common clouds include (but are n...

Spring at the Lake of the Ozarks is a popular time to buy a property.  No matter what kind of property you are planning to purchase (residential, commercial, vacation, land), purchasing title insurance is a crucial step in the buying process. There are many different reasons you should purchase title insurance. Arrowhead Title, Inc , the Lake of the Ozarks most trusted title company is here to expand on one major reason that having title insurance is important –that there could be a defect in the title that you are not aware of. Here are some of the common title defects that can affect your property ownership. Errors in Public Records or Forgery of Documents Errors in the recording of information sometimes will occur at the County Clerk’s Office, or the former homeowners’ may incorrectly record information.  For, example, names can easily be misspelled. Errors and confusion can also result when there are quite a few documented former homeowners’ who have similar nam...