Found 3 blog entries tagged as Real Estate Law.

Understanding Title Insurance Protection

As incidents of real estate fraud increase throughout Canada, homeowners and lenders are proving to be irresistible targets for fraudsters. To help protect yourself against huge financial losses caused by title fraud, you may consider purchasing title insurance. Unfortunately, many home buyers purchase title insurance without knowing what the actual covered includes. Others fail to purchase an insurance policy altogether. In this article, we discuss key things buyers and owners of real property should know when considering whether to purchase homeowners title insurance. You must purchase title insurance through a law firm in Alberta.

What Is Title Insurance?

Title insurance is an insurance policy that…

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Remember Even If It Looks Like A Form: It Is A Legal Contract To Buy A Home

Every year in Alberta, thousands of people enter into Alberta real estate purchase contracts to buy and sell homes. The process of buying a home in Alberta is exciting. Sometimes people lose site of the fact that pre-printed, sometimes electronic real estate purchase contracts are legally binding contracts. While there are different residential purchase contracts for different types of properties, the main legal points are similar. Once signed and conditions are waived, you are required to go by the terms of the contract. If you cannot or will not, you can be sued. If you have never purchased a home before, we recommend visiting our First Time Home Buying page.…

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Understanding Which Alberta Land Title Registrations Are Important

Under the land registration system used in Alberta (which is based on the Torrens System of land registration), instruments registered on title are guaranteed by the Government of Alberta. This means that anyone can rely on the validity and security of instruments registered at the Alberta Land Titles office. An instrument registered on title to a property will “run with the land”, which means it will remain on the title unless there is a specific mechanism in place to have it removed. When buying a home in Alberta, it’s important to understand which registered instruments to pay attention to when reviewing the property’s land title certificate. Here are the top ten Alberta…

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