Welcome to the Oklahoma Land Title Association Website

OLTA is a statewide trade association representing the title insurance and abstracting industry in Oklahoma. Founded in 1907 and proudly serving our membership through regulatory and legislative advocacy, continuing education and up-to-date information in keeping with our mission to enhance and protect the industry.

What is Title Insurance?

When you buy a home, you receive a title to the property, meaning you are now the full legal owner of that property. Title insurance for real estate provides protection against loss if a covered defect is found in the title to real property. You can purchase it for a one-time premium, paid in most cases at closing.

Title insurance usually covers four types of “hidden” risks: errors, liens, ownership claims, and invalid deeds. If a claim is made against your property, the title insurance company will negotiate with the other party to settle the claim, defend you in court if necessary, pay any incurred legal costs, and satisfy any covered claims. Having title insurance can save you time, money, even your home.

What’s Happening Now

Canadian Appeals Court Rules Title Insurance Must Cover Missing Wall
The Toronto Star | December 18, 2015
A load bearing wall removed by a previous owner that rendered a home unsafe was subject to title insurance coverage.

What to Know About the New Mortgage Forms
The Wall Street Journal | September 30, 2015
New rules help borrowers compare home loans and see the total cost before closing.

Getting a Mortgage May Take Longer Under New Rules 
CNBC | October 5, 2015
The best advice for borrowers is to prepare for delays, have all paperwork ready before even starting the process and possibly even spend the extra money upfront for a longer lock term.

Get Ready for Explosive ‘Smart’ Home Growth 
Forbes | September 30, 2015
About 100 million households will be “smart” worldwide by the end of the year, and the number will grow to 300 million over the next 10 years, according to a new report released by Deutsche Telekom, a German telecommunications company.