Owner's Title Policy is a real estate term you will encounter when buying, selling, or financing a home in Ventura County. This page gives you a plain-English definition and explains why it matters.
What it means
An owner's title policy is a form of title insurance that protects the property owner against covered defects in title — such as undisclosed liens, errors in public records, or ownership claims — that existed before the policy. It is separate from the lender's title policy, which protects only the lender. The owner's policy is typically a one-time premium paid at closing.
Why it matters in Ventura County
In Ventura County transactions, who pays for the owner's title policy can follow local custom and is negotiable. Brian explains why an owner's policy matters — it protects your equity, not just the lender's loan — and confirms coverage and cost details with the title company.
Frequently Asked Questions
What does an owner's title policy cover?
It protects the owner against covered title defects that existed before the policy, such as undisclosed liens, record errors, or competing ownership claims.
Is an owner's policy different from the lender's policy?
Yes. The lender's policy protects the lender's loan; the owner's policy protects the buyer's ownership and equity.
Do I have to buy an owner's title policy?
It is not legally required for a cash purchase, but it is strongly recommended to protect your investment. Lenders require their own policy.
