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Title Insurance |
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You might to purchase title insurance. Title insurance covers some risks inherent in real estate transactions, such as:
- 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
- Forced removal of an existing structure, other than a boundary wall or fence
- Work orders, zoning or set back non-compliance/deficiency
- Another party claiming an interest in the property
- Fraud, forgery, duress, incompetence, incapacity or impersonation
- Unmarketability, which allows another person to refuse to perform a contract to purchase, lease or make a mortgage
Title insurance can be purchased for a one-time fee, payable when the property is purchased. Depending on the premium you pay, it protects your lender only, or both you and your lender. A title insurance company issues the policy, and the policy remains in effect for as long as you own the property. Note that a new policy may be required if you change mortgage lenders. For more information go to www.firstcanadiantitle.com. If you would like to order title insurance, please call to obtain a quote.
This site was designed as a consumer service to help Buyers and Sellers
make informed real estate decisions. Ever year we see consumers struggle
with the same questions and problems over and over again. We know that it is often difficult to
get relevant information when you are looking to buy and sell a home. In order to better educate and inform buyers and sellers, we have provided comprehensive
information as a FREE No-Obligation Service. Many buyers and sellers who
visit this site are so impressed with this service that they will
contact
us (or one of our sponsors) in order to assist them in the
purchase or sale of their home. We truly hope that you find these reports, information, tools and resources
helpful and we look forward to helping you with your move. Home | | Contact Us leonsellshomes.com
Sutton Group Seafair Realty 550-9100 Blundell Rd. Richmond B.C. V6Y1K3. Satellite Offices In:Tsawwassen and Richmond Centre Mall
Direct Line: (604)377-1240 "We
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