Real Estate
Protect yourself with a Purchaser’s Waiver of Title Insurance
In Ontario, Rule 2.02(10) of the LSUC Rules of Professional Conduct requires lawyers to discuss title insurance with their clients and advise the clients that title insurance is not mandatory. Clients can either choose to purchase a title insurance policy or to rely on the lawyer’s opinion on title. All too often, LawPRO sees claims… Read More »
Categories: Real EstateRisk management resources on the new TitlePLUS website
TitlePLUS has just launched a revamped website at www.titleplus.ca that includes new features and intuitive drop-down menus. There are also some great resources for real estate lawyers and their staff that will help reduce claims exposure, including sample retainer and reporting letters – two important risk management tools. The documents you can use and adapt… Read More »
Categories: Real EstateCondo buyers get a checklist
TitlePLUS’s Ray Leclair has provided prospective condo buyers with a checklist of things they should know about before deciding to purchase. This list was made available to the public in several real estate publications. Status Certificate: This document should be a condition in any agreement to purchase. It includes important information such as monthly expenses,… Read More »
Categories: Real Estate