Home » Cloud on Title » Recent Articles:

What is Title Insurance?

July 19, 2009 Featured, Money Matters, REAL ESTATE, Toronto No Comments
What is Title Insurance?

Firstly “Title”  describes the right of onwership, When you purchase a home the “Title” is transfered into your name you are the new home owner.

Title insurance is an insurance policy that protects you the home owner, against any challenges to the ownership of your home or from problems related to the title to your home. The policy covers losses due to title defects,also known as “cloud on title”. There are many differents types of defects they include: encroachments,unpaid leins, outstanding work orders etc.

… Continue Reading

Featured

Inventory Relief

January 9, 2010

Inventory Relief

The biggest story in the Toronto condo market over the past 6 months has been the disparity between supply and demand. Simply put, inventory (condos available for sale) is at an all time low, and demand is at an all time high. This has been a recipe for rapid price appreciation, frenzied buying, and sellers [...]

The HST Is Coming

January 9, 2010

The HST Is Coming

Starting July 1, 2010 Ontarians can expect to pay a harmonized sales tax (HST) rate of 13% on a long list
goods and services that were previously exempt from the 8% Provincial Sales Tax (PST). While the impact of the tax will be felt by all Ontarians, the province’s 3 million homeowners and the thousands who [...]

Condo Owners – Insurance

August 4, 2009

Condo Owners – Insurance

All owners should have and maintain a comprehensive condo insurance policy to cover damage to their personal possessions as well as to their upgrades and to cover any damage that they might incur to a suite below or adjacent to theirs as a result of an accident, negligence or, as stated in a condo’s declaration [...]