Typical non-insured transaction: Traditionally, Ontario purchasers have relied solely on their lawyer's "legal opinion" that they have "good and marketable title" in order to confirm a clean title.

Typical insured transaction: Title Insurance does not replace the role of the lawyer. It simply provides an added level of protection for the purchaser(s). Ontario lawyers still must search title and certify the status of title before a Title Insurance policy can be issued.

Available in Ontario: Although Title Insurance has been standard in American real estate transactions, such insurance has gained popularity as part of the typical Ontario residential real estate purchase transaction.

Bottom Line: Title Insurance is golden for the consumer as it can be included in a purchaser's total legal costs when one considers typical total legal fees and legal expenses, and since it is a form of no-fault certification of clean title with (typically) no deductible and with more extensive coverage's than the certification of title that has been traditionally provided by lawyers for real estate transactions.