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Homeowner Protection Act – Good News for Ontario Consumers
Owning a home is a cornerstone of the Canadian dream, representing stability, investment, and personal space. The Ontario legislature just passed new legislation (Bill 200), known as the Homeowner Protection Act, designed to safeguard the rights and interests of homeowners. This blog post aims to provide some insight into the Homeowner Protection Act, its significance, key provisions, and how it impacts homeowners in Ontario.
What is Title Insurance?
Title insurance is a type of insurance policy that protects the owner or lender against financial loss due to defects in the title of a property.
Title insurance is purchased as part of a real estate transaction or it may be purchased as a stand-alone policy. The policy is designed to protect the insured party (either ...