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When you buy a property, you want to ensure that you have full legal ownership. A title defect is a potential threat to that ownership, like a lien, mortgage, or judgment that gives another party a claim to the property. Our industry-leading team of underwriters keeps your title protected with customized policies that cover title defects.
Protect your commercial property
Unlike traditional property insurance, title insurance covers issues that existed before you purchased the property, as well as unforeseen risks that may occur in future.
Title insurance is the smart choice
Title insurance gives you confidence in your real estate purchases. No two commercial real estate deals are the same. That's why we offer comprehensive and customizable title insurance coverage that’s tailored to your requirements. You get the coverage you need, when you need it.
Unlike traditional insurance policies, commercial title insurance covers you for issues that occurred before you bought the policy, like survey and title defects. It also covers issues that could happen in the future.
With title insurance, you’re protected for as long as you hold an interest in the property. If it’s covered in the policy, we’ll compensate you for any loss or damage that you experience. It’s all included in a one-time premium. Plus, if your interest in the property is ever challenged due to a covered risk, we'll defend you and pay any associated costs, legal fees and expenses.
Commercial properties are complex and unique—we’ll customize our policy coverage to the specific needs of your transaction.
Our expert underwriters are experienced in dealing with a range of commercial transactions, from insuring traditional commercial and industrial properties to mixed-use developments. They can help you get the right coverage for your needs.
Reduce your risk
We’ve got you covered. Title insurance provides protection against these common issues:
Title defects
Survey issues
Title insurance keeps you protected from survey, real property report or certificate of location issues. We cover problems that would have been revealed if a survey was completed before closing. If an existing survey of the property is available, we can ensure its accuracy. If the existing survey reveals a costly issue, like a building encroachment, we can provide coverage to ensure the deal closes on time.
Zoning violations
Don’t let zoning problems surprise you after you close the deal: we’ll defend against losses due to zoning by-laws that impact the use of your property, and which didn’t exist as of the policy date.
Municipal issues
Pre-existing issues like errors in public records, errors in government responses, and non-compliance with municipal agreements can come up after a deal has closed. If an issue is discovered in the future, we'll work to correct it and compensate you.
Registration gap coverage
One of the challenges of commercial real estate is the complexity of the deal. Don’t let registration delays or communication issues between jurisdictions impact your funding. Our gap coverage allows funds to be released once documents are executed, instead of waiting until they're registered.
Fraud and forgery
Fraud is an unfortunate reality of real estate. Our underwriting process works to stop title fraud in its tracks and protect you against fraudulent activity that may have happened before the closing date, during the insured transaction, or after the transaction closes.*
Still have questions?
We know this is a lot of information. The experts on our commercial solutions team are available to answer all your questions.
Are you a legal professional?
Protect your clients with title insurance and close your deals more efficiently.
You can rely on our knowledge and experience to support you as you process commercial deals and work to provide the best service to your customers. Let us help you.
Are you a lending professional?
Learn how we can support commercial deals with custom solutions.
Let us help you get deals done faster. Commercial title insurance from FCT can reduce the number of required searches, so you can close in days instead of weeks.
*Coverage for title fraud occurring after the transaction closes is limited to $5 million, and excludes vacant land.
Subject to certain exceptions, commercial title insurance policies equal or below $10M CAD are provided by FCT Insurance Company Ltd. Commercial title insurance policies above $10M CAD are provided by First American Title Insurance Company. Reference should be made to policy documents to confirm the insurer on any individual transaction. Services by First Canadian Title Company Limited. The services company does not provide insurance products. This material is intended to provide general information only. For specific coverage and exclusions, refer to the applicable policy. Copies are available upon request. Some products/services may vary by province. Prices and products/services offered are subject to change without notice.
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