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TITLE INSURANCE

For some, title insurance might be the answer to the survey question, since it may allow you to bypass the requirement for an up‑to‑date survey. In addition, it offers homebuyers another way of guaranteeing good title. If there are any problems after closing, the buyer will be covered for losses up to the amount of the policy. The amount of the policy is generally equal to the purchase price of the home.

This information is a brief summary for information purposes only and is applicable only in the Province of Ontario. It is not intended to be legal advice. Full and complete legal advice can only be given by a lawyer who has detailed information about your individual circumstances.