Title insurance provides homeowners and lenders with no-fault protection against title risks inherent in real estate transactions. It is a means of insuring or indemnifying homeowners or lenders against loss or damage sustained by reason of fraud and other defects.
What is the Existing Homeowner Title Insurance Policy?
Insuring the ownership of your property (referred to as “title”) is just as important as insuring your property and its contents from physical loss or damage. Traditionally, title insurance was only available on “purchase” transactions and ordered by lawyers/notaries to save their clients more money and protect their ownership or title against losses incurred as a result of undetected or unknown title defects.
For More Information About Title Insurance?
First Canadian Title at www.fct.ca
Stewart Title Guaranty Company at www.stewart.ca or
Title Plus at www.titleplus.ca
If you would like more information, please send me an email to Cindy with details explaining what you require and we will help you. Alternatively, you may call us anytime at 905-608-9967