18 January 2013
18 January 2013
Title Insurance – everybody needs it, nobody knows what it is
Although title insurance has been a usual procedure in Ontario for 15 years already, many homeowners or first-time buyers still don’t understand what it actually covers. The main purpose of title insurance is your protection from all possible title problems. And these problems may lead to really expensive losses. For example, you may inherit from previous owners certain ownership conflicts on your property, un-discharged liens, different title frauds, encroachments or survey problems, property tax arrears etc… Read more |