What you need to knowFraud Facts About First Canadian Title
Title insurance protects new and existing homeowners, commercial property owners and lenders against losses as a result of title defects and claims against a property not uncovered in a title search. Title insurance provides protection against issues like unpaid liens, encroachment issues, construction liens, defects in title, costs arising from building code violations, as well as real estate title fraud.
If real estate title fraud occurs, the onus is on the homeowner to prove the crime and it can be very costly – financially and emotionally – to restore title. For a one-time premium, title insurance is one effective and inexpensive way to ensure a property is protected. It covers all legal expenses related to restoring a title and is available to existing home owners long after they have purchased their properties.
 
 
For more information on how to protect yourself, click here