In the disclosure section, seller mentioned that “they are aware of leaks or material defects in the roofs, ceilings or chimney”.

In the disclosure section, sellers mentioned that “they are aware of leaks or material defects in the roofs, ceilings or chimney”.

But if it is a defective service, then the mortgage would survive. 

Any defects with the property are not an excuse for late rent, legally.

Retail buyers will stay away from title defects hindering your ability to sell.

You can purchase an endorsement for inflation but coverage is capped.As far as liens coming forward in the years ahead, those would not be covered by title insurance UNLESS the title company missed them in their search or otherwise did not pay/release them at your settlement.Here's what the standard ALTA owners policy covers:-Someone else owns an interest in your title-Improperly executed documents-Pre-policy forgery, fraud and duress-Defective recording of any document-Undisclosed restrictive covenants-A lien on your title because of a security deed, judgment, tax or special assessment, or a charge by a homeowner's association-Unmarketable titleHope this helps.

Flood zones are a major material defect and this will only grow in significance as cost of insurance goes up.

First, there is not a title company, you own the house with all title defects the foreclosure did not fix. 

https://www.irmi.com/articles/expert-commentary/is-sellers-failure-to-disclose-known-defects-to-buyers-a-covered-occurrence/

However, Owner1 never signed it and the title defect was only recently discovered.The issue of ownership will either need to be litigated or agreed to.