As a leading title insurer, Stewart Title protects your client against many losses that result from undetected or unknown title defects. We also provide coverage to your client’s lender to protect the validity, priority and enforceability of the mortgage.
Policies can be issued for residential dwellings of up to six units, condominiums, vacant land, cottages, cooperatives, leased land and even to current homeowners who did not obtain title insurance at the time they purchased their property. We also provide title insurance for commercial properties.
Other coverage benefits include:
Title or off-title defects may prevent a transaction from closing on time. In such instances title insurance can be a solution. Our experienced underwriters are available to review and underwrite many known title and off-title defects, thereby accelerating the closing process.
Where a survey/real property report/certificate of location does not exist, or is out of date, the coverage available in our residential policies will satisfy lender requirements and provide substantive protection to homeowners.
Built-in gap coverage protects your client against intervening registrations that could take place between the date of closing and the date of registration, providing all underwriting criteria have been met. This allows the transaction to close on time, with funds and keys being released to the respective parties without having to wait for the transfer deed to be registered.
Title fraud and identity theft have become increasingly common in Canada, with criminals stealing properties by fraudulently obtaining title and mortgage financing. Our policies cover losses associated with many forms of title fraud, including the legal fees required to restore your client’s title.
Your clients can count on us to resolve claims in a professional manner. Our experience, combined with a practical, results-oriented approach, ensures that we deal with each claim in a timely manner. Claims can be submitted online, by fax or by mail. Read more about our claims experience and financial strength.
Our unwavering philosophy is that the role of a title insurer in Canada should be to underwrite risk. We believe that, just like real estate professionals, lawyers and notaries play an important part in all real estate transactions. It is your client’s lawyer or notary that is most familiar with the complexities of the transaction, so it is he or she that is in the best position to advise your client as well as prepare and register the mortgage. This oversight helps protect clients, real estate professionals and lenders and maintains the integrity of the real estate system as a whole.
We’ll work with your client’s lawyer or notary to ensure your client’s transaction closes on time and with peace of mind.
Contact us for additional information.
This website is intended to provide information that is of a general nature and is subject to modification. Coverage and requirements can vary depending on the nature of the transaction and location of the property involved. Please review your actual Stewart Title policy for full coverage details.