thumbnail

Real life stories of TitlePLUS claims: Power play

Related Articles

NEW ANTI-MONEY LAUNDERING/FINTRAC OBLIGATIONS We are writing to let you know about an upcoming...
REQUIREMENTS TAILORED TO TITLE INSURANCE IN YOUR REAL ESTATE TRANSACTIONS In late 2023, title...
A few months after a homeowner purchased his property from a developer, the homeowner found a...

Homeowners lived next door to a vacant lot for years. Eventually, the neighbouring lot was sold to develop the land. The developers informed the homeowners that the hydro line serving their property ran across the vacant lot and would have to be moved.

The homeowners were not aware of the encroachment and it was not shown on any survey available at the time of purchase.

Luckily, the homeowner’s lawyer had recommended a TitlePLUS policy so the hydro pole was moved and TitlePLUS covered the cost.

Related Articles

NEW ANTI-MONEY LAUNDERING/FINTRAC OBLIGATIONS We are writing to let you know about an upcoming...
REQUIREMENTS TAILORED TO TITLE INSURANCE IN YOUR REAL ESTATE TRANSACTIONS In late 2023, title...
A few months after a homeowner purchased his property from a developer, the homeowner found a...