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MATTHEW SHAW

Sales Representative
Phone:(905) 323-7029
Mobile:(289) 214-3989

Garden City Realty Inc., Brokerage Secord

27 SECORD DRIVE,
ST. CATHARINES ON
L2N1K9
CA

Generally, there are two forms of title insurance. Lender's title insurance, required by most lending institutions, is normally written in the amount of the mortgage and protects the lending institution from losses resulting from title defects.

Because lender's insurance expires when the mortgage is repaid, you may benefit from the second form of title insurance known as an owner's title policy. It usually is written for the amount of the purchase price of the home. This protection starts the day of the closing and lasts as long as you or your heirs retain an interest in the property.

Unlike other insurance premiums, your title insurance premium is paid only once, at the closing. By purchasing owner's and lender's protection simultaneously, substantial savings in title insurance premiums can be realized.

After all fees have been paid and documents signed and notarized at the closing, you will receive a copy of each and, most importantly, title to your house.

Trademarks owned or controlled by The Canadian Real Estate Association. Used under license.


Each office Independently owned and operated
RE/MAX Garden City Realty Inc., Brokerage
27 SECORD DRIVE
ST. CATHARINES ON  L2N1K9
(289) 362-3232