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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.

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Ontario Releases HST Transitional Rules

April 22, 2010

Ontario Releases HST Transitional Rules

Proposed Measures Would Help Businesses and Consumers Prepare For Change.
The McGuinty government has proposed general transitional rules that would assist in the move to a Harmonized Sales Tax (HST).
These rules explain:
Which tax would apply for transactions that straddle July 1, 2010 – the current Retail Sales Tax (RST) or the Ontario portion of the HST, [...]

Bank of Canada Interest Rate Announcement

April 21, 2010

Bank of Canada Interest Rate Announcement

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/4 per cent. The Bank Rate is unchanged at 1/2 per cent and the deposit rate is 1/4 per cent.
Global economic growth has been somewhat stronger than projected, with momentum in emerging-market economies increasing noticeably. Exceptional stimulus from [...]

Richmond Town Manors – Opportunity to own a work of Art

March 23, 2010

Richmond Town Manors – Opportunity to own a work of Art

Popular with urban sophisticates and lauded by architecture critic John Bentley Mays, highly-successful Richmond Town Manors is now complete on Richmond Street at Strachan Avenue, between King and Queen Streets West, just south of Trinity Bellwoods Park in Toronto. Only three of these choice residences remain, offering convenient living in modern surroundings inspired by the geometrical abstracts of master Dutch painter Pieter Mondrian. Hurry to take advantage of this exclusive opportunity in one of the city’s most up-and-coming neighbourhoods.