Who is typically responsible for obtaining a property’s title insurance?

The buyer is typically responsible for obtaining a property’s title insurance. This insurance is crucial because it protects the buyer from any potential issues related to the property's title that may arise after the purchase. Title insurance ensures that the buyer has a clear and marketable title to the property, free from claims or disputes from previous owners or other parties.

When a buyer purchases a property, they face the risk of uncovering defects in the title that could lead to financial loss or legal complications. By securing title insurance, they can have peace of mind, knowing that they are protected against such unforeseen issues, which could include unpaid taxes, liens, or undisclosed heirs.

While sellers, real estate agents, and lenders may have roles in the transaction process, the responsibility for obtaining the title insurance generally falls to the buyer. This is standard practice in real estate transactions, as the buyer ultimately benefits from the protection the policy offers.