The TitlePLUS Program & Title Insurance
Is any title insurance policy a good policy?
Lawyers have a duty to ensure that their purchaser clients receive good and marketable title to the properties they have contracted to buy. In particular, there is an expectation that any prior mortgages will be discharged and removed from title. Imagine the scenario where your search of title discloses an old mortgage that has never… Read More »
Categories: Real Estate, The TitlePLUS Program & Title InsuranceReal estate lawyers: Planning to retire or leave practice? Three words: Legal. Service. Coverage.
You’re looking forward to retirement – next year, or maybe 20 years down the road. Or perhaps you’re leaving private practice to work as in-house counsel. Whatever your plans, you want to be assured that malpractice claims won’t come back to haunt you or your family. Real estate claims continue to be a major source… Read More »
Categories: Real Estate, The TitlePLUS Program & Title Insurance, Areas of Law“I will be out of the office…forever” and I don’t want to deal with claims
Are you thinking of changing careers or law firms, selling the practice, or retiring? Even after you retire, malpractice claims can engage your LawPRO’s run-off coverage. Real estate lawyers should consider TitlePLUS title insurance since claims covered under the Legal Service Coverage in a TitlePLUS policy will not affect your run-off insurance. This article from… Read More »
Categories: The TitlePLUS Program & Title InsuranceIs a real property survey still required?
When I’m asked if a real property survey is still required, I answer it depends, but do you and I agree on what it depends? Traditionally, real estate lawyers undertook a series of investigations – title and off-title – to provide the purchaser and lender clients with an opinion on whether title was good and… Read More »
Categories: Real Estate, The TitlePLUS Program & Title InsuranceDon’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: The TitlePLUS Program & Title InsuranceThe future of law: Why the real estate lawyer is the quarterback of the real estate deal
On June 22, 2016, surrounded by family and colleagues, Kathleen Waters was honoured with the 2016 Ontario Bar Association’s Award of Excellence in Real Estate. Her remarks included comments on the lawyer as quarterback and advice on moving successfully into the digital future. “I’m a passionate believer in the role of the lawyer as defender… Read More »
Categories: Real Estate, The TitlePLUS Program & Title Insurance“Not Your Mother’s Law Career”: The new student issue of LAWPRO Magazine
Regardless of their reasons for choosing a legal education, today’s young lawyers can expect that their experiences practising law will be different from depictions of the profession they witnessed growing up. The future of law is no longer your mother’s, father’s, or Hollywood lawyer’s practice. The 2017 student issue of LAWPRO Magazine explores what this… Read More »
Categories: The TitlePLUS Program & Title Insurance, Legal Technology, LAWPRO Errors and Omissions Coverage, Practice Aids, Career ManagementWhat do Canadian homeowners know about title insurance?
Communities across Canada depend on local lawyers for reliable access to justice. These lawyers not only act on real estate deals, but also draft wills, incorporate companies, advise on family law situations and provide information and direction on dealing with complex legal issues. LAWPRO views the future of the real estate bar as a strategic,… Read More »
Categories: The TitlePLUS Program & Title Insurance, LAWPRO Errors and Omissions Coverage