Should You Accept Title Insurance Instead of a Real Property Report?

Following up on their previous two videos (1 and 2), Barry and Keith compare title insurance and real property reports in Alberta real estate. Which should you choose? For the buyer, it often depends on what you wants to do with the property after purchase. Watch the video to get Barry’s explanation!

 

Title insurance in Alberta covers three things:
1. fraud
2. things on title that shouldn’t be there
3. enforced removal

Real property reports are two-dimensional drawings that are used to confirm municipal compliance with zoning, bylaws, etc.

This series of videos was produced in partnership with Keith Faria, the Tilt Property Group, and LLR Canada.

Whenever you need an Alberta real estate lawyer, send Barry a message, or head over to the Contact page.