Titles & Deeds

Title Insurance

Insurance that protects against title defects existing before the policy date, with separate owner and lender policies.

Quick flashcard

What does Title Insurance mean on the Texas real estate exam?

Answer: Insurance that protects against title defects existing before the policy date, with separate owner and lender policies.

Read the explanation below, then return to the full flashcard deck and try it again from memory.

Title Insurance definition

Title insurance protects against losses from defects in title that existed before the policy was issued, such as undisclosed liens, recording errors, or forged documents. An owner's policy protects the buyer up to the purchase price. A lender's policy protects the mortgage holder up to the loan amount.

A title search examines the public record, but some defects do not appear there. Title insurance covers those hidden risks. In Texas, title insurance premiums are set by the Texas Department of Insurance, and which party pays for the owner's policy is negotiated in the contract.

Source basis

Definition checked against the official sources below on .

On the exam

Match the policy to the protected party: owner's policy for the buyer, lender's policy for the lender.

Exam trap

Title insurance covers defects that predate the policy, not problems that arise afterward. It is not ongoing hazard coverage.

Tested in

Ownership & Title (9 of 80 National)

From definition to recall

See this term inside a real exam question.

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This definition is Texas real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.