Understanding What is Title Insurance In Ontario
Title insurance protects commercial and residential property owners against financial risks such as fraud and forgery or title disputes. Unlike traditional insurance policies that focus on protecting you from future events such as accidents, title Insurance primarily focuses on past events related to the title of your property…
At KN Law, we primarily focus on 6 common types of real estate services, those being:
Property Purchases
Property Sales
Mortgage Refinances
Title Transfers
Survivorship
Applications
Independent Legal Advise
While these are our main focus, feel free to contact us if you have any questions regarding a transaction not mentioned.
Real…
In Canada, there are two main ways to close a mortgage refinance: through a title company or with a real estate lawyer. Although you are not required to use a real estate lawyer for mortgage refinance, there is a greater benefit to use one over a title company.
What is a Title Company?
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The Canadian government recently passed the Prohibition on the Purchase of Residential Property by Non-Canadians Act, which aims to address concerns about foreign investment in the Canadian housing market with a foreign home buyer ban Canada. The Act, which takes effect on January 1, 2023, and lasts for two years, prohibits non-Canadians, also known as…