Title Insurance

What Does Title Insurance Cover?

For a onetime fee, called a premium, a title insurance policy may provide protection from such losses as:

• Title Fraud
• Unknown title defects (title issues that prevent you from having clear ownership of the property);
• Existing liens against the property’s title (e.g. the previous owner had unpaid debts from utilities, mortgages, property taxes or condominium charges secured against the property);
• Encroachment issues (e.g. a structure on your property needs to be removed because it is on your neighbour’s property);
• Errors in surveys and public records; and
• Refer to the Title Insurance Policy for full details of coverage, exceptions and exclusions