If you find out that you have a cloud on your title, it means there may be another claim to ownership under the history of the deed that pertains to your Austin home and the land it sits on. This often happens when someone who bought the property in the past failed to record the deed properly. Title insurance (see below) is designed to ensure that the latest buyer doesn’t suffer a financial loss if there is a clouded title that prevents them from being recorded as the true owner.