Buying Real Estate – What is Title Insurance?

When we quote our all inclusive fee to a real estate purchaser and list the various items included – search fees, transfer fee, registration fee, title insurance, disbursements and HST – we are often asked ‘what is title insurance?’.  While title insurance is not a requirement in Ontario, as a firm, we purchase title insurance for every buyer as part of our services.  Here is a short summary of what title insurance is:

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