TitlePLUS
TitlePLUS: A conversation with our consultants
Some of us got together recently to talk about the questions we’re hearing most often. When we are out and about talking to people we hear about what matters to real estate lawyers. Mortgages Jamie Smith oversees parts of Western Ontario. He says, “Mortgages are usually part of the real estate deal, so clients expect… Read More »
Categories: 2016 September A2J, Articles, TitlePLUSTitlePLUS program update: We’re listening
The theme for 2015 has been listening to our subscribers, customers and stakeholders. In 2015, the TitlePLUS program responded to requests and client needs with a number of improvements to products and services. Higher policy amounts For those doing higher value deals, we worked to introduce higher policy amounts. The following options are now available:… Read More »
Categories: 2016 May - Year in Review 2015, Articles, Real Estate, TitlePLUSPlanning to do real estate work? A primer on title insurance and the TitlePLUS program
If you’re planning to do any real estate work when you go into practice, you’ll soon hear about a resource used by many real estate practitioners – title insurance. It’s a type of insurance coverage that lawyers across Canada are telling their clients about to help protect them against some typical problems that might crop… Read More »
Categories: 2016 Student Issue 4, Articles, New Lawyers, Real Estate, TitlePLUS10 myths about the TitlePLUS program: What you need to know
[This article and PDF were updated in Feb 2018] MYTH 1. TitlePLUS® policies¹ are more expensive TitlePLUS “plain and simple” pricing includes premium, processing fee and taxes. See this chart for the total cost of TitlePLUS policies insuring residential resale purchases: MYTH 2. Other title insurers have legal services coverage TitlePLUS purchase and mortgage policies… Read More »
Categories: 2016 January Indigenous, Real Estate, TitlePLUSDon’t worry about minor differences in title insurance policy terms – if you choose the right policy
We know that it is important to review the coverages, exclusions and specific exceptions in title insurance policies with clients. However, with respect to standard policy coverages (provided they are not affected by any property-specific exceptions), lawyers should be aware that the nature of Legal Service Coverage in TitlePLUS policies makes differences in these coverages… Read More »
Categories: 2015 September Blue Sky, Articles, Real Estate, Title insurance, TitlePLUSTitle insurance that is meeting market demands
New Condo Select In addition to our New Home Program is New Condo Select. Selected new condominium developments in Ontario qualify for a streamlined title insurance application process. It’s simple. Access all New Condo Select developments – on titleplus.lawyerdonedeal.com or Realtiweb® Fill out the application online with some basic transaction-specific information Underwriting information is prepopulated… Read More »
Categories: 2015 May - Review of 2014, Articles, TitlePLUSPlanning to do real estate work? A primer on title insurance and the TitlePLUS program
If you’re planning to do any real estate work when you go into practice, you’ll soon hear about a resource used by many real estate practitioners – title insurance. It’s a type of insurance coverage that lawyers across Canada are telling their clients about to help protect them against some typical problems that might crop… Read More »
Categories: 2015 Student Issue 3, Articles, Student, TitlePLUSDemystifying condominiums with better communication
Condominium ownership has a unique set of rules and responsibilities. Helping your clients understand what they are getting into can reduce your risk of a malpractice claim. Start off on the right foot at the beginning of your relationship by sending a detailed retainer letter setting out what you will or will not be doing… Read More »
Categories: 2015 February - LAWPRO 20th, Articles, Communications Errors, Real Estate, TitlePLUSYou may be exposed to a claim if you release a private mortgage advance to a third party
LAWPRO has become aware of a new exception to coverage in certain title insurance policies which could expose real estate practitioners to claims from their private lender clients. The issue has recently arisen in connection with private residential mortgage transactions, and in particular where the lender and borrower are separately represented, as required, because the… Read More »
Categories: Alerts, Real Estate, Title insurance, TitlePLUSTitle insurance policies are like a box of chocolates – No two policies are the same
“The lawyer should be knowledgeable about title insurance and discuss with the client the advantages, conditions, and limitations of the various options and coverages generally available to the client through title insurance,” states Rule 2.02(10) of the Rules of Professional Conduct. This obligation was brought home in a recent malpractice case where the lawyer did… Read More »
Categories: 2014 September Diversity, Articles, Real Estate, Title insurance, TitlePLUS