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

Lenders Go High-tech to Spot Borrowers’ Lies
The Washington Post | July 1, 2015
The incidence of occupancy misrepresentation rose 20 percent from 2011 to 2013, according to giant investor Fannie Mae’s latest sampling of loans involving known fraud. Lenders and loan officers confirm that they regularly encounter falsehoods about occupancy.

Here’s How Fed Rate Hike Would Pinch Borrowers
Los Angeles Times | July 4, 2015
The last six years of extraordinarily low interest rates have been all about rewarding borrowers at the expense of savers. But that is probably coming to an end.

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