Title Insurance

When you buy a home, you are buying title to the property. It is sometimes also referred to as a deed. This means that you own the property and your lawyer registers you as the owner in the land registry system.

Title insurance protects your ownership to the property and protects you against:

  • Fraud – Fraudulently obtained mortgages on your home.
  • Errors in Surveys or other public records.
  • Encroachments onto neighbouring properties.
  • Zoning infractions.
  • Many more known and unknown defects that could affect your ability to sell your property in the future.

Unlike other insurance you only pay a one-time premium with no deductible. It will cost approximately $300.