Areas of Practice

Post-Purchase Title Insurance

Title Insurance on ‘Existing’ Properties

In most purchase transactions, we arrange title insurance for our clients — but, we can also assist our clients in arranging for title insurance on residential, single family properties that our clients already own.

Fees and disbursements for this type of service vary based on the particular attributes of the property in question. The following is only an example based on a residential, single family property with a value of less than $500,000.00 (actual charges for a particular property will vary depending on particular circumstances; all figures subject to change without notice):

Title Insurance Policy Costs $243.00*
Legal Fees $395.00*
Search Disbursements $100.00*
Total: -----------
$738.00 (plus HST)

** In the event a title or other defect is known or uncovered through the subsearch or upon review of the survey, additional charges for legal fees, disbursements, and title insurance will apply. Fees and disbursements DO NOT include charges for any title registrations that may be required if a defect is uncovered).

Clients will need to provide:

  1. A survey, if in their possession;
  2. Evidence of property value, acceptable to the title insurer - for example, an appraisal or the last MPAC assessment;
  3. If a mortgage has been discharge since the date the client(s) took title; confirmation from the clients that such mortgage was indeed paid by them);
  4. Other documentation as may be requested by the title insurer.
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