• Not having a valid mortgage in the specified priority
• Failure to register a required document for the transaction
• Construction liens contracted for and commenced after the policy date not funded in whole or in part by the proceeds of the mortgage
• Forgery
• Restrictions on title which allows the mortgage to be divested, a lien for liquidated damages, or a private mortgage or assessment
• Breaches of a restrictive covenant
• Encroachments or easements onto an adjoining property
• The inability to use the land as a residential property due to mineral rights, restrictive covenants, or easements
• Breaches of the applicable zoning by-law
• Not having the municipal address as described in the policy
• The lawyer failing to advise the mortgage lender that the transaction does not comply with legality of interest rate; and invalid, unenforceable or lack of priority of the mortgage
• Changes in the rate of interest or addition of unpaid interest to the principal balance of the loan
• The unenforceability of the mortgage or guarantee contained in the mortgage
• Someone else having a right of approval over a future purchaser or occupant

Please refer to the policy for full details, including actual terms and conditions.