Title insurance guarantees your interest in title against many hidden risks and undisclosed interest that my not be uncovered by the investigative searches conducted by your lawyer.

Title Insurance provides broad coverage for many of the risks associated with buying a home - problems that an up-to-date survey would reveal, zoning issues that would prevent you from living in your home, major work order(s) against your property and more.

Some common examples of covered risks include: common examples of covered risks include:

• Liens, encumbrances, or defects in the title to a property.
• Tax arrears.
• Defects that would have been revealed by an accurate up-to-date survey/ real property report.
• Forced removal of an existing structure, other than a boundary wall or fence.
• Work orders, zoning and set back non-compliance/deficiency.
• Another party claims an interest in the property.
• Fraud, forgery, duress, incompetence, incapacity or impersonation.
• The land is unmarketable, which allows another person to refuse to perform a contract to purchase, lease or make a mortgage.
• Loss of priority due to matters such as construction liens, agreements registered on title, and other mortgages.

QUESTIONS?

TitlePlus

TitlePlus offers insurance coverage for both title-related aspects of a purchase transaction and the legal services provided by a lawyer; plus, it's Canadian. We offer a comprehensive title insurance policy, by protecting buyers and lenders for title-related problems that could affect ownership or the marketability of the property in the future, and legal services provided by the lawyer closing the purchase.1 The policy also automatically insures buyers and lenders, for the same cost.

TitlePLUS title insurance provides purchasers with the reassurance that their legal interest in the property is protected for as long as they, or their heirs, own the property. The policy provides protection for the actual financial losses the purchaser or lender may suffer from title defects or the negligence of the lawyer handling the transaction.

Stewart Title Guaranty Company
Types of policies

The Residential Gold Owner Policy to protect and defend your title to your property

The Residential Gold Loan Policy to protect the priority and enforceability of the mortgage for the lender

The Residential Existing Homeowner Policy is available for homeowners who did not obtain a policy when they purchased their home. This policy provides similar protection as a Residential Gold Owner Policy, but is modified by an "existing owner" endorsement. The policy date is the date the homeowner first purchased their property. It’s a cost-effective way to protect yourself against losses arising from real estate title fraud.