Why Title Insurance Is So Important in Alberta (Calgary 2025 Guide)
Posted by Ray Yang on
Quick take: Even though Alberta uses the Torrens land-titles system (the province guarantees title accuracy), title insurance still protects you from costly risks the government guarantee doesn’t cover — like title fraud, unpaid taxes or liens, survey/encroachment problems, building-permit issues, and closing “gap” risks. Most lenders require a lender’s policy; smart buyers add an owner’s policy for full protection. Sources: BLG, Alberta.ca, RECA, Canada.ca.
What is title insurance (in plain English)?
Title insurance is a one-time premium policy that protects against losses tied to your property’s legal ownership (“title”). There are two kinds:
- Lender’s policy: Protects the bank’s interest in your mortgage (often required).
- Owner’s…
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