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The three main fraud types affecting the real estate industry in Canada are: Title fraud ? when the ownership or title of a property is fraudulently changed or documents are forged to allow a fraudster to illegally sell or refinance the property.

How much does title insurance cost in Ontario? When you invest in title insurance, you will only pay an upfront fee through your lawyer. In Ontario, it will cost around $200-$500 and is often purchased when you buy a property or home. The one-time premium will cover the insured property as long as you own it.

Do a land title search with your provincial or territorial land registry office. It will show the name of the property owner and any mortgages or liens registered on the title. consider buying title insurance to protect yourself against losses from title fraud.

In Canada, property ownership is a right that is protected by the Constitution. The ownership of a property is established through a deed or title, which is a legal document that proves one's right to the property. The title or deed is registered with the government and is proof of ownership of a property.

Alphonso recommends that all homeowners get title insurance, which is their ?first line of defence.? It protects homeowners (and buyers) against any fraudulent activity on the property. ?Beyond that, you can do searches on your title individually.

How to Buy Title Insurance? Chicago Title Insurance Company. FCT Insurance Company Ltd. Lawyers' Professional Indemnity Company (TitlePLUS) Travelers Guarantee Company of Canada. Stewart Title Guaranty Company.

Title insurance is not required in Alberta, while an RPR is as it assures the property complies with municipal regulations. A seller or seller's lawyer must provide an RPR to a buyer or the buyer's lawyer.