Title Insurance

As a purchaser and owner of real estate, you are exposed to various risks that could affect your legal use and ownership of your property and cause you a financial loss.

Title Insurance is optional insurance and protects you from:

• Demolition or upgrading orders issued by Council in relation to structures illegally built on the property by a previous owner or in relation to illegal alterations to your strata unit for which you are now liable to comply with (maximum of $160,000 to be provided for a claimable event).
• For properties with a land area of 50 acres or less, any adverse matters that would have been revealed in an up to date survey report.
• Forced removal of a structure illegally built by a previous owner over an adjoining boundary (excluding boundary walls and boundary fences).
• Non-compliance with zoning and planning laws and conditions.
• Non-compliance with easements and covenants which burden your land.
• Non-compliance with By-Laws or other obligations which are registered on your title.
• Complete loss of legal ownership due to a fraudulent sale or mortgage of your property.

This insurance will be offered by your conveyancer or solicitor during your purchase.