Blog
The FCT blog aims to answer your industry questions, examine current market trends and provide key information on the value of our products and services.
The FCT blog does not represent a single author or opinion. Instead, it represents the collective voice and experience of FCT’s dedicated niche experts.
Why is it important to offer customers choice?
May 25th, 2018 | FCT
Customers’ expectations are changing with respect to how they interact with organizations. According to Accenture Strategy, 73 percent of customers get frustrated when providers fail to offer convenient interaction methods. And 59…
How to protect your clients from Vancouver’s Empty Homes Tax
Apr 5th, 2018 | FCT
As you know, the Empty Homes Tax or Vacancy Tax is applied to homes in Vancouver that are vacant or underutilized. As the bylaw requires a ‘registered owner’ to provide information for…
How to spot ‘power of attorney’ fraud
Mar 1st, 2018 | Marie Taylor
Years ago, powers of attorney were commonly used in real estate transactions when an individual was incapacitated or a spouse was in the military. Now, it is not uncommon for an individual…
Residential & commercial title insurance: they’re the same, right?
Feb 16th, 2018 | FCT
Wrong! Residential and commercial real estate transactions differ by the purpose and nature of the property involved. Based on the type of transaction, the underwriting and search requirements vary as well. It’s…
Watch Out For Fraud This Holiday Season!
Dec 6th, 2017 | FCT
At the height of the holiday rush, FCT’s commercial division received a request for title insurance for a blanket mortgage in the amount of $2.6 million, spanning five vacant properties, all with…
EasyFund is Now Available Directly Through The Conveyancer®
Aug 16th, 2017 | FCT
At FCT, we’re always looking for ways to make real estate transactions more efficient for everyone involved. To do this, it’s important to ensure that any new innovation is integrated easily and…
Why Jack Smith* was glad he had E&O Extra® with Protection+
Jul 14th, 2017 | FCT
When Jack’s clients were slapped with a $47,000 development charge, they were astounded. Jack made an honest mistake in failing to advise them about this charge and that there was no cap…
3 Tips to Stay Healthy When it Gets Busy
Jul 1st, 2017 | FCT
Whether you’re a lawyer, lender, mortgage broker or realtor – working in the real estate industry can be unpredictable. Before you know it, things get hectic and you can slip into bad…
Strata Plan VS Title Insurance: Which One Do You Really Need?
Jun 28th, 2017 | Paul Miron
Darren* applied to change the use of his commercial condo unit to a medical one, but his request was denied. He was told by the municipality that the site plan agreement had…
Does your client really need title insurance?
May 31st, 2017 | FCT
The topic of title insurance may come up when clients are purchasing a new property, and a common question is, “do I really need it?” Well, title insurance in Canada has come…
