Title Insurance Overview
All real estate transactions involve elements of risk, Stewart Title Guaranty de México's (STGMEX) title insurance polices provide protection for these risks. In Mexico, Notary Public and the Public Registry System provide legal assurance to the real estate transactions; nevertheless, they do not provide economic assurance if something goes wrong. The system is not foolproof!
Increasingly issues like title fraud, identity theft, and errors in the public registry are leaving owners and lenders exposed to potentially expensive and time consuming litigation or even worse loss in part or whole of an interest in a property. STGMEX's title policies provide the solution.
Underwriting a property's title
Conducting a rigorous title investigation, STGMEX develops a robust summary of a property's title, often dating to the title's origin. Utilizing the detailed investigation, STGMEX's underwriters asses the property's title and then insure policy holders against potential losses resulting from matters affecting the title.*
Types of matters covered *:
- Invalid documents executed under expired/non-existent power.
- False assumption of identity concerning the legitimate property owner.
- Liens and financial burdens charged to the previous property owner.
- Non registered easements.
The thorough nature of the title investigation along with the risk assumption by STGMEX gives policy holders an unparalleled level of protection from loses associated with a property's title.
Legal Defense Coverage
Besides paying for loses associated with covered title matters, STGMEX's policies provide for the payment of legal fees associated with defending the title to an insured title.
* This website provides information of a general nature refer to your policy for specific coverage details.