Why might a buyer request a title insurance policy?

A buyer might request a title insurance policy primarily to protect their ownership interest and investment in the property. Title insurance serves as a safeguard against potential risks and claims that might arise regarding the ownership of the property, such as undisclosed liens, ownership disputes, or defects in the title. By obtaining a title insurance policy, the buyer ensures that in the event of a claim against their ownership, the insurance can cover legal costs and any financial liabilities stemming from issues that may not have been identified during the title search process. This protection is critical for a buyer who wants to ensure their investment is secure and free from unexpected legal hurdles that could jeopardize their rights to the property.

The other options address important aspects of property ownership and finance, but they do not directly relate to the primary purpose of title insurance. Property taxes are typically the responsibility of the owner, compliance with real estate laws could involve other aspects of property transaction, and securing a mortgage loan might require title insurance as a condition, but it is not the central reason for a buyer to request a policy.