"I’m buying a new home and my real estate lawyer is recommending that I get title insurance. I’ll have home insurance, so is it really necessary?"
RECO doesn’t regulate real estate insurance, but we occasionally receive questions about the types of coverage available. If you’re buying a property, here’s some general information to help you understand what title insurance is. As well, it’s your real estate lawyer who would typically provide guidance on title insurance, not your broker or salesperson.
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