You purchased your home carefully, live in it with confidence, and believe you’re safe from any unpleasant surprises. Yet, certain invisible threats can jeopardize your property, even years after the purchase. Existing homeowner title insurance is specifically designed to protect you against such unforeseen situations beyond your control.
Errors in land records, real estate fraud, or violations of the declaration of co-ownership can occur without your knowledge, even if you haven’t made any mistakes. For instance, a fraudster could impersonate you to mortgage or even sell your home without your consent. An administrative error might grant someone else a claim to your property. An old structure, present for years, could be deemed illegal by the municipality and subject to a demolition order.
FCT’s existing homeowner title insurance offers clear and reassuring protection. It not only covers financial losses related to these issues but also handles the legal costs necessary to defend your rights. It’s a solution that allows you to remain calm, even in complex or unexpected situations.
The experts at J. Gérard Fortin & Associés are here to advise, inform, and assist you in obtaining this essential protection. Because your home is more than just an asset: it’s your refuge, your stability, and your most valuable investment.
FCT’s existing homeowner title insurance isn’t just a formality. It’s comprehensive legal protection against a range of often overlooked but very real risks. Whether you own a single-family home or a condo, this insurance covers several aspects related to property title—the legal rights you hold over your real estate.
Primarily, it protects against title defects, such as recording errors, forgotten easements, or unsatisfied mortgages. It also covers fraud cases, like real estate identity theft or the fraudulent sale of your home. If your property includes non-compliant constructions, this insurance can also cover the legal and financial consequences in case of a demolition notice or municipal action. It also applies in certain situations where part of your condo doesn’t comply with the declaration of co-ownership.
The insurance also covers the legal fees necessary for your defense if any of these issues arise. With this coverage, you can live in your home with peace of mind, knowing that even the most complex unforeseen events are taken care of.
A policy with 34 coverages addressing various risks.
A one-time premium with no annual payments.
No deductible for claims.
Multiple claims can be made.
Coverage remains in effect as long as you own your property, and even beyond.
For more information or to purchase a policy, contact us at 514-74-TITRE (514-748-4873), by email at assurtitre@jgfortin.com, or request an online quote.
While you are peacefully at home, a fraudster falsifies your driver’s license to impersonate you, whether at the bank or with a notary. Using cleverly forged identification documents, they manage to bypass the usual checks. They then proceed to sell your home in your name and disappear with the money, leaving you without ownership of your property. You are left with the heavy burden of restoring your rights, often at your own expense.
Fortunately, if you have an FCT title insurance policy, the process is much simpler. You only need to file a claim, and the insurer will handle the situation, either by restoring your property title or compensating you for the loss incurred, depending on the case.
You have owned a condo for several years, and at the time of purchase, nothing unusual was brought to your attention. Then, one day, you receive a notice from the condominium association informing you that a part of your unit, modified by a previous owner, does not comply with the declaration of co-ownership. You are then required to make the necessary corrections at your own expense.
If you have FCT title insurance, a simple claim can protect you from this financial burden. The insurer will cover the costs related to bringing your unit into compliance with the declaration of co-ownership.
As the owner of a house with a double garage that you regularly use to park your vehicles, you receive a notice from the municipality informing you that your garage is built too close to the neighboring property line, which violates current zoning regulations. You are then required to demolish part of the garage to bring the situation into compliance. This requirement can result in significant expenses as well as a potential loss of your property’s value.
With FCT title insurance, the insurer covers the costs associated with this demolition and compensates you for any actual loss in property value, depending on the case.
Unlike traditional home insurance, the existing homeowner policy is paid once with a single affordable premium and provides continuous protection as long as you own your home.
Yes, this policy effectively protects your property against mortgage fraud and identity theft, risks that are becoming increasingly prevalent today.
Yes, the existing homeowner policy includes specific coverage for situations involving missing building permits, providing valuable protection against this type of issue.
No, this policy has no deductible for claims, and multiple claims can be submitted for the same insured property without restriction.
The existing homeowner policy complements the notary’s work. It protects against several risks that often escape their usual verification, such as missing permits or hidden issues related to the property title.
The existing homeowner policy includes a safety margin with a 200% inflation buffer. For example, if your property is assessed at $500,000, it will be covered up to $1,000,000, which is twice its municipal value.